FINANCIAL_SERVICESAPPROVED

City of Gothenburg Awards Financial Services Contract to Flatwater Bank (August 2026)

The City of Gothenburg approved financing arrangements involving Dayspring Bank through Flatwater Bank to refinance existing debt, for a loan up to $444,735.04 at 4.250% interest over 17 years. Flatwater Bank will facilitate the refinancing transaction.

Status
APPROVED
Document date
August 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Flatwater Bank
Agency
City of Gothenburg · NE

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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
Not to exceed $444,735.04
Contract type
FINANCIAL_SERVICES
Contract term
17 years at 4.250% interest
Renewal
Refinancing establishes a fixed 17-year loan term; no automatic renewal provisions are noted in the minutes.
Document type
Minutes
Source document
City of Gothenburg Minutes Regular Council Meeting 2026-08-18

Frequently asked questions

Common questions about this contract, answered from the record.

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

Flatwater Bank was awarded this financial services contract by City of Gothenburg, as recorded on August 18, 2026. The contract value is Not to exceed $444,735.04.

How much is the Flatwater Bank contract with City of Gothenburg worth?

The Flatwater Bank contract with City of Gothenburg is valued at Not to exceed $444,735.04, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Gothenburg Minutes Regular Council Meeting 2026-08-18 (Minutes), dated August 18, 2026 from City of Gothenburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Flatwater Bank hold?

Flatwater 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.

View Flatwater Bank's profile

What is City of Gothenburg currently buying?

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

View City of Gothenburg's profile

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