Little Rock Recommends $3.22 Million Financing Amendment
City of Little RockCity · Little Rock, AR- Disclosed value
- $3,220,000 at 4.28% interest per annum; purchase price equal to par
- From staffreport
- Document date
- Sep 15, 2026
The 30-second brief
Little Rock recommended amending its financing with Regions Capital Advantage, Inc. to purchase a $3.22 million Promissory Note for self-contained breathing apparatus for the Fire Department. The note will carry a 4.28% fixed annual interest rate, be purchased at par, and be repaid over five annual installments.
Regions Capital Advantage Inc holds this financial services contract with City of Little Rock. Its other public contracts on record include work for Louisiana Department of the Treasury | State of Louisiana and City of Madison.
Term as filed: Five substantially equal annual amortized installments of principal and interest, beginning one year from the date of issuance; final installment due five years from the date of the Note.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,220,000 at 4.28% interest per annum; purchase price equal to par
- Document date
- September 15, 2026
- Term
- Five substantially equal annual amortized installments of principal and interest, beginning one year from the date of issuance; final installment due five years from the date of the Note
- Agency
- City of Little Rock
- Source document
- Little Rock StaffReport Amendment to Ordinance for Promissory Note SCBA 2026-09-15 (StaffReport)
Regions Capital Advantage Inc's other public contracts
More City of Little Rock contracts
Questions about this contract
Who was awarded the financial services contract by City of Little Rock?
Regions Capital Advantage Inc was awarded this financial services contract by City of Little Rock, as recorded on September 15, 2026. The contract value is $3,220,000 at 4.28% interest per annum; purchase price equal to par.
How much is the Regions Capital Advantage Inc contract with City of Little Rock worth?
The Regions Capital Advantage Inc contract with City of Little Rock is valued at $3,220,000 at 4.28% interest per annum; purchase price equal to par, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Little Rock StaffReport Amendment to Ordinance for Promissory Note SCBA 2026-09-15 (StaffReport), dated September 15, 2026 from City of Little Rock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Regions Capital Advantage Inc hold?
Regions Capital Advantage Inc 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 Little Rock currently buying?
Explore City of Little Rock's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.