CONTRACTONGOING

District Continues Automatic Deposits Through Central State Bank

City of Montevallo logoCity of Montevallo
Disclosed value
90% of the 1 cent sales tax revenue
From minutes
Document date
Sep 14, 2026

The 30-second brief

What it covers

Montevallo Development Cooperative District funds continue to be deposited automatically into the Central State Bank operating account. The arrangement covers 90% of the one-cent sales tax revenue, with two deposits completed as of September 14, 2026.

Who holds it

Central State Bank holds this financial services contract with City of Montevallo. Its other public contracts on record include work for Town of New Site and Dallas County.

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Contract details

Contract type
Financial Services
Amount
90% of the 1 cent sales tax revenue
Document date
September 14, 2026
Source document
Montevallo Development Cooperative District Minutes Regular Meeting September 14, 2026 (Minutes)

Central State Bank's other public contracts

More City of Montevallo contracts

Questions about this contract

Who was awarded the financial services contract by City of Montevallo?

Central State Bank was awarded this financial services contract by City of Montevallo, as recorded on September 14, 2026. The contract value is 90% of the 1 cent sales tax revenue.

How much is the Central State Bank contract with City of Montevallo worth?

The Central State Bank contract with City of Montevallo is valued at 90% of the 1 cent sales tax revenue, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Montevallo Development Cooperative District Minutes Regular Meeting September 14, 2026 (Minutes), dated September 14, 2026 from City of Montevallo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central State Bank hold?

Central State 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 Montevallo currently buying?

Explore City of Montevallo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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