CONTRACTPENDING

City weighs third extension on AmJet loan

City of Keokuk logoCity of Keokuk
Document date
Sep 19, 2019

The 30-second brief

What it covers

The City of Keokuk is considering a third one-year extension of its unsecured development loan to AmJet after the borrower reported financial setbacks. Staff recommends conditioning any extension on securing collateral or a security interest to protect the City.

Who holds it

AMJET holds this financial services contract with City of Keokuk. Its other public contracts on record include work for City of Numa and Keokuk Housing Authority.

What happens next

Term as filed: Original development loan; requested third one-year extension.

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Contract details

Contract type
Financial Services
Document date
September 19, 2019
Term
Original development loan; requested third one-year extension
Vendor
AMJET
Source document
City of Keokuk Council Meeting Agenda September 19, 2019 (Agenda)

AMJET's other public contracts

More City of Keokuk contracts

Questions about this contract

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

AMJET was awarded this financial services contract by City of Keokuk, as recorded on September 19, 2019.

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 Keokuk Council Meeting Agenda September 19, 2019 (Agenda), dated September 19, 2019 from City of Keokuk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does AMJET hold?

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

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What is City of Keokuk currently buying?

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

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