First Citizens Bank Funds Ashmont TIF Financing
City of LakelandCity · Lakeland, TN- Disclosed value
- $13,000,000.00 TIF loan
- From agendapacket
- Document date
- Aug 27, 2026
The 30-second brief
First Citizens Bank is providing the $13 million TIF financing for the Lakeland Ashmont project. Financial schedules show $11.4 million paid to date and approximately $1.6 million remaining under the financing arrangement.
First Citizens Bank holds this financial services contract with City of Lakeland. Its other public contracts on record include work for North Iowa Regional Housing Authority and Travis County Water Control And Improvement District 18.
Term as filed: 3 years of average funded interest reserve referenced.
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Contract details
- Contract type
- Financial Services
- Amount
- $13,000,000.00 TIF loan
- Document date
- August 27, 2026
- Term
- 3 years of average funded interest reserve referenced
- Vendor
- First Citizens Bank
- Agency
- City of Lakeland
- Source document
- City of Lakeland AgendaPacket Industrial Development Board Regular Meeting Agenda August 27 2026 (AgendaPacket)
First Citizens Bank's other public contracts
More City of Lakeland contracts
Questions about this contract
Who was awarded the financial services contract by City of Lakeland?
First Citizens Bank was awarded this financial services contract by City of Lakeland, as recorded on August 27, 2026. The contract value is $13,000,000.00 TIF loan.
How much is the First Citizens Bank contract with City of Lakeland worth?
The First Citizens Bank contract with City of Lakeland is valued at $13,000,000.00 TIF loan, 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 Lakeland AgendaPacket Industrial Development Board Regular Meeting Agenda August 27 2026 (AgendaPacket), dated August 27, 2026 from City of Lakeland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Citizens Bank hold?
First Citizens 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 Lakeland currently buying?
Explore City of Lakeland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.