OTHERRENEWED

First Federal Park Naming Rights Extended 25 Years

The City of Lincolnton approved a 25-year naming-rights extension with First Federal Savings Bank for First Federal Park. The bank will provide a total $100,000 donation, with $75,000 due before the effective date and the balance paid in five annual installments.

Document date · October 1, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract 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
Contract type
OTHER
Contract term
Additional 25 years, proposed to begin in September 2027
Renewal date
2052-09-01
Renewal
Renewal/extension for an additional 25 years. The term is proposed to begin in September 2027; installment payments are subject to annual cost-of-living increases of up to 3%.
Document type
AgendaPacket
Source document
Lincolnton AgendaPacket October 1, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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 October 1, 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 agendapacket record.

Where was this contract approved?

This contract appears in Lincolnton AgendaPacket October 1, 2026 (AgendaPacket), dated October 1, 2026 from City of Lincolnton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View First Federal Savings Bank's profile

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