CONTRACTRENEWED

Lakeland Renews $13 Million Ashmont TIF Note

Disclosed value: Not to exceed $13,000,000.00; From agendapacket
Document date: Jan 22, 2026
Term: December 31, 2025 – December 23, 2026
Renews: Mar 2027; Free account

What it covers

The Lakeland Industrial Development Board renewed a promissory note with First Citizens National Bank for up to $13 million to support the Ashmont Developer TIF. The note matures December 23, 2026, with an annual interest rate capped at 6.750%.

Who holds it

First Citizens National Bank holds this financial services contract with City of Lakeland. Its other public contracts on record include work for Town of Knife Lake and Dunkirk village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Lakeland contract.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $13,000,000.00
Document date: January 22, 2026
Term: December 31, 2025 – December 23, 2026
Renews: Free account
Vendor: First Citizens National Bank
Agency: City of Lakeland
Source document: Industrial Development Board of the City of Lakeland Agenda Packet January 22, 2026 (AgendaPacket)

First Citizens National Bank's other public contracts

Town of Knife Lake, MinnesotaBoard to review First Citizens National Bank statement · Mar 19, 2026Undisclosed Dunkirk village, Ohio$1M CD Authorized with First Citizens National Bank · Mar 16, 2026$1M Dunkirk village, OhioCouncil Approves ICS and CDARS with First Citizens National Bank · Mar 2, 2026Undisclosed Marion County, OhioGuardianship Board Approves Services from First Citizens National Bank · Feb 26, 2026$2.1K City of Munford, TennesseeMunford Makes $250K Principal Payment to First Citizens · Feb 23, 2026$250K All First Citizens National Bank contractsVendor profile

More City of Lakeland contracts

Shelby County TennesseeLakeland Approves Shelby County ADA Playground Agreement · Oct 22, 2026Undisclosed APAC-TENNESSEELakeland Considers APAC-Tennessee Canada Road Contract · Oct 22, 2026Undisclosed Traf-mark Industries LLCLakeland Approves Traf-Mark Pavement Marking Work · Oct 22, 2026Undisclosed VERTOSOFTLakeland Authorizes Vertosoft OpenGov HCM Agreement · Oct 22, 2026Undisclosed Fisher & Arnold IncLakeland Approves Fisher & Arnold Road Inspection Contract · Oct 22, 2026Undisclosed All City of Lakeland activityAgency profile

Questions about this contract

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

First Citizens National Bank was awarded this financial services contract by City of Lakeland, as recorded on January 22, 2026. The contract value is Not to exceed $13,000,000.00.

How much is the First Citizens National Bank contract with City of Lakeland worth?

The First Citizens National Bank contract with City of Lakeland is valued at Not to exceed $13,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Industrial Development Board of the City of Lakeland Agenda Packet January 22, 2026 (AgendaPacket), dated January 22, 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 National Bank hold?

First Citizens National 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.

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