FINANCIAL_SERVICESDISCUSSED

City Proposes $3.87M Interfund Loan

The City Council agenda proposes a one-time $3.87 million interfund loan to the General Fund. The loan would be repaid over 20 years at 3.53% interest with no prepayment penalty.

Document date · September 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,870,000.00
Contract type
FINANCIAL_SERVICES
Contract term
20-year term
Renewal date
2046-09-09
Renewal
Repayment required over 20 years with semi-annual payments; no prepayment penalty.
Document type
Agenda
Source document
City Council of Fort Walton Beach Agenda Special Meeting of the City Council 2026-09-09

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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 Fort Walton Beach?

General Fund was awarded this financial services contract by City of Fort Walton Beach, as recorded on September 9, 2026. The contract value is $3,870,000.00.

How much is the General Fund contract with City of Fort Walton Beach worth?

The General Fund contract with City of Fort Walton Beach is valued at $3,870,000.00, covering financial services work.

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 Council of Fort Walton Beach Agenda Special Meeting of the City Council 2026-09-09 (Agenda), dated September 9, 2026 from City of Fort Walton Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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