City Continues Hoosier Fund Investments with Lake City Bank
City of La PorteCity · La Porte City, IA- Document date
- Feb 3, 2025
The 30-second brief
The City of La Porte continues to place seven funds in the State's Hoosier Fund managed through Lake City Bank, earning $169,553.26 in interest for 2024. The relationship has provided daily-liquidity investment services to the City for a decade.
Lake City Bank holds this financial services contract with City of La Porte. Its other public contracts on record include work for Kosciusko County Solid Waste Management District and City of Kendallville.
Term as filed: 10 years of ongoing participation in Hoosier Fund investments.
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Contract details
- Contract type
- Financial Services
- Document date
- February 3, 2025
- Term
- 10 years of ongoing participation in Hoosier Fund investments
- Vendor
- Lake City Bank
- Agency
- City of La Porte
- Source document
- city-of-la-porte-council-meeting-minutes-february-3-2025_106.md (Minutes)
Lake City Bank's other public contracts
More City of La Porte contracts
Questions about this contract
Who was awarded the financial services contract by City of La Porte?
Lake City Bank was awarded this financial services contract by City of La Porte, as recorded on February 3, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-la-porte-council-meeting-minutes-february-3-2025_106.md (Minutes), dated February 3, 2025 from City of La Porte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Lake City Bank hold?
Lake City 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.
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What is City of La Porte currently buying?
Explore City of La Porte's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.