First Federal Bank Naming Rights Extended for Lincolnton Park
City of LincolntonCity · Lincolnton, NC- Disclosed value
- $100,000 total donation: $75,000 before the effective date and $25,000 in five annual installments of $5,000, adjusted upward for cost of living by up to 3% annually
- From minutes
- Document date
- Sep 3, 2026
- Renews
- Free account
The 30-second brief
Lincolnton City Council approved a 25-year naming rights extension with First Federal Savings Bank for First Federal Park. The bank will provide $100,000, with funds dedicated primarily to park improvements and maintenance.
First Federal Savings Bank holds this contract with City of Lincolnton. Its other public contracts on record include work for Evansville-Vanderburgh County Public Library and City of Lebanon.
The renewal date is on record. A free account shows it, with the renewals for every City of Lincolnton contract.
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Contract details
- Amount
- $100,000 total donation: $75,000 before the effective date and $25,000 in five annual installments of $5,000, adjusted upward for cost of living by up to 3% annually
- Document date
- September 3, 2026
- Term
- Additional 25 years, expected to begin September 2027
- Renews
- Free account
- Agency
- City of Lincolnton
- Source document
- City of Lincolnton Minutes Regular Meeting September 3, 2026 (Minutes)
First Federal Savings Bank's other public contracts
More City of Lincolnton contracts
Questions about this contract
Who was awarded the government contract by City of Lincolnton?
First Federal Savings Bank was awarded this government contract by City of Lincolnton, as recorded on September 3, 2026. The contract value is $100,000 total donation: $75,000 before the effective date and $25,000 in five annual installments of $5,000, adjusted upward for cost of living by up to 3% annually.
How much is the First Federal Savings Bank contract with City of Lincolnton worth?
The First Federal Savings Bank contract with City of Lincolnton is valued at $100,000 total donation: $75,000 before the effective date and $25,000 in five annual installments of $5,000, adjusted upward for cost of living by up to 3% annually.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Lincolnton Minutes Regular Meeting September 3, 2026 (Minutes), dated September 3, 2026 from City of Lincolnton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Federal Savings Bank hold?
First Federal Savings 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 Lincolnton currently buying?
Explore City of Lincolnton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.