Council Modifies Loan Terms for Florida Cultural Group
City of BradentonCity · Bradenton, FL- Document date
- Apr 28, 2021
- Term
- Three-year extension of existing note
The 30-second brief
Bradenton City Council approved a note modification with Florida Cultural Group that extends the existing loan for three years, fixes the interest rate at 2%, and changes the annual due date to June 30 to better align with operational cash flows. The amendment also retroactively replaces the prior Prime-based rate with a fixed 2% interest.
Florida Cultural Group holds this financial services contract with City of Bradenton. Its other public contracts on record include work for Manatee County.
Term as filed: Three-year extension of existing note.
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Contract details
- Contract type
- Financial Services
- Document date
- April 28, 2021
- Term
- Three-year extension of existing note
- Vendor
- Florida Cultural Group
- Agency
- City of Bradenton
- Source document
- City of Bradenton City Council Meeting Minutes April 2021 (Minutes)
Florida Cultural Group's other public contracts
More City of Bradenton contracts
Questions about this contract
Who was awarded the financial services contract by City of Bradenton?
Florida Cultural Group was awarded this financial services contract by City of Bradenton, as recorded on April 28, 2021.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Bradenton City Council Meeting Minutes April 2021 (Minutes), dated April 28, 2021 from City of Bradenton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Florida Cultural Group hold?
Florida Cultural Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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