CONTRACTAPPROVED

City of Fremont Awards Financial Services Contract to Rvr Bank (July 2026)

City of Fremont logoCity of Fremont
Disclosed value
$788,500.00 original principal of TIF Note assigned
From agendapacket
Approved
Jul 28, 2026
Term
September 30, 2016 – December 31, 2032
Renews
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The 30-second brief

What it covers

The Community Development Agency authorized collateral assignment of the City’s 23rd & Yager Hotel TIF Agreement and Note to RVR Bank to secure a loan to Yager Hospitality LLC. Under the consent, TIF revenue payments will be made directly to RVR Bank through the note’s 2032 maturity.

Who holds it

Rvr Bank holds this financial services contract with City of Fremont. Its other public contracts on record include work for Washington County and Memorial Community Hospital & Health System.

What happens next

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Contract details

Contract type
Financial Services
Amount
$788,500.00 original principal of TIF Note assigned
Document date
July 28, 2026
Term
September 30, 2016 – December 31, 2032
Renews
On record
Vendor
Rvr Bank
Source document
City of Fremont Agenda Packet 2026-07-28 (AgendaPacket)

Rvr Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Fremont?

Rvr Bank was awarded this financial services contract by City of Fremont, as recorded on July 28, 2026. The contract value is $788,500.00 original principal of TIF Note assigned.

How much is the Rvr Bank contract with City of Fremont worth?

The Rvr Bank contract with City of Fremont is valued at $788,500.00 original principal of TIF Note assigned, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Fremont Agenda Packet 2026-07-28 (AgendaPacket), dated July 28, 2026 from City of Fremont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Rvr Bank hold?

Rvr 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 Fremont currently buying?

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

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