City Void Resolution For OZK CD Placement

East Ellijay decided not to proceed with opening a certificate of deposit at OZK after the bank changed the rate and term originally discussed as 13 months at 5.20%. Resolution 2024-01 authorizing the placement was voided, leaving no active contract with OZK.

Document date · February 21, 2024

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

13 months

Renewal

Proposed CD at OZK was canceled and associated resolution voided; no ongoing or renewal terms apply.

Document type

Agenda

Source document

city-of-east-ellijay-agenda-2024-02-21_a5a.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of East Ellijay?

OZK was awarded this financial services contract by City of East Ellijay, as recorded on February 21, 2024.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-east-ellijay-agenda-2024-02-21_a5a.pdf (Agenda), dated February 21, 2024 from City of East Ellijay. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does OZK hold?

OZK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View OZK's profile

What is City of East Ellijay currently buying?

Explore City of East Ellijay's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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