Ordinance Proposes $10M Capital Bank Parking Credit
City of MiamiCity · Miami, FL- Disclosed value
- Not to exceed $10,000,000.00
- From agenda
- Document date
- Mar 14, 2019
The 30-second brief
The City of Miami Commission is considering an ordinance on first reading to authorize a revolving line of credit of up to $10 million from Capital Bank for parking system projects, backed by Miami Parking Authority revenues. The City Manager and parking authority officials would be empowered to negotiate and execute all related financing documents.
Capital Bank holds this financial services contract with City of Miami. Its other public contracts on record include work for Harris County Fwsd 51 and Fort Bend County Mud 129.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $10,000,000.00
- Document date
- March 14, 2019
- Vendor
- Capital Bank
- Agency
- City of Miami
- Source document
- City of Miami City Commission Meeting Agenda March 2019 (Agenda)
Capital Bank's other public contracts
More City of Miami contracts
Questions about this contract
Who was awarded the financial services contract by City of Miami?
Capital Bank was awarded this financial services contract by City of Miami, as recorded on March 14, 2019. The contract value is Not to exceed $10,000,000.00.
How much is the Capital Bank contract with City of Miami worth?
The Capital Bank contract with City of Miami is valued at Not to exceed $10,000,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Miami City Commission Meeting Agenda March 2019 (Agenda), dated March 14, 2019 from City of Miami. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Capital Bank hold?
Capital 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 Miami currently buying?
Explore City of Miami's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.