City of Marion Awards Financial Services Contract to First National Bank of Eastern Arkansas (January 2025)
City of MarionCity · Marion, AR- Disclosed value
- $124,000.00 per truck (two trucks) at 5% interest for five years
- From minutes
- Approved
- Jan 28, 2025
- Term
- Five years
The 30-second brief
The Marion City Council approved financing for two knuckleboom trucks through First National Bank of Eastern Arkansas at 5% interest with no prepayment penalty. Each truck will be financed for $124,000 over a five-year term.
First National Bank of Eastern Arkansas holds this financial services contract with City of Marion. Its other public contracts on record include work for City of Osceola and East Arkansas Community College.
Term as filed: Five years.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $124,000.00 per truck (two trucks) at 5% interest for five years
- Document date
- January 28, 2025
- Term
- Five years
- Agency
- City of Marion
- Source document
- Council of the City of Marion Minutes 2025-01-28 (Minutes)
First National Bank of Eastern Arkansas's other public contracts
More City of Marion contracts
Questions about this contract
Who was awarded the financial services contract by City of Marion?
First National Bank of Eastern Arkansas was awarded this financial services contract by City of Marion, as recorded on January 28, 2025. The contract value is $124,000.00 per truck (two trucks) at 5% interest for five years.
How much is the First National Bank of Eastern Arkansas contract with City of Marion worth?
The First National Bank of Eastern Arkansas contract with City of Marion is valued at $124,000.00 per truck (two trucks) at 5% interest for five years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Council of the City of Marion Minutes 2025-01-28 (Minutes), dated January 28, 2025 from City of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does First National Bank of Eastern Arkansas hold?
First National Bank of Eastern Arkansas 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 Marion currently buying?
Explore City of Marion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.