RCB Bank Hydrovac Financing Options Presented
City of DouglassCity · KS- Disclosed value
- Option 1: $18,126.56/year for 3 years at 5.12% ($3,953.02 in interest); Option 2: $14,006.08/year for 4 years at 5.36% ($5,534.27 in interest); Option 3: $11,562.22/year for 5 years at 5.59% ($7,259.92 in interest) on $48,867.34 purchase price
- From staffreport
- Document date
- Aug 11, 2026
The 30-second brief
RCB Bank presented three financing options ranging from three to five years for the City’s proposed $48,867.34 Ditch Witch Hydrovac purchase. City staff, however, recommend paying cash from Water Fund Reserves instead of using these financing options.
Rcb Bank holds this financial services contract with City of Douglass. Its other public contracts on record include work for Chouteau-Mazie Public Schools and Comanche County.
Term as filed: Option 1: 3 years; Option 2: 4 years; Option 3: 5 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Option 1: $18,126.56/year for 3 years at 5.12% ($3,953.02 in interest); Option 2: $14,006.08/year for 4 years at 5.36% ($5,534.27 in interest); Option 3: $11,562.22/year for 5 years at 5.59% ($7,259.92 in interest) on $48,867.34 purchase price
- Document date
- August 11, 2026
- Term
- Option 1: 3 years; Option 2: 4 years; Option 3: 5 years
- Vendor
- Rcb Bank
- Agency
- City of Douglass
- Source document
- City of Douglass StaffReport Hydrovac Purchase Options 2026-08-12 (StaffReport)
Rcb Bank's other public contracts
More City of Douglass contracts
Questions about this contract
Who was awarded the financial services contract by City of Douglass?
Rcb Bank was awarded this financial services contract by City of Douglass, as recorded on August 11, 2026. The contract value is Option 1: $18,126.56/year for 3 years at 5.12% ($3,953.02 in interest); Option 2: $14,006.08/year for 4 years at 5.36% ($5,534.27 in interest); Option 3: $11,562.22/year for 5 years at 5.59% ($7,259.92 in interest) on $48,867.34 purchase price.
How much is the Rcb Bank contract with City of Douglass worth?
The Rcb Bank contract with City of Douglass is valued at Option 1: $18,126.56/year for 3 years at 5.12% ($3,953.02 in interest); Option 2: $14,006.08/year for 4 years at 5.36% ($5,534.27 in interest); Option 3: $11,562.22/year for 5 years at 5.59% ($7,259.92 in interest) on $48,867.34 purchase price, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Douglass StaffReport Hydrovac Purchase Options 2026-08-12 (StaffReport), dated August 11, 2026 from City of Douglass. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rcb Bank hold?
Rcb Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Douglass currently buying?
Explore City of Douglass's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
