City of Mulvane Awards Financial Services Contract to Carson Bank (August 2026)

The Mulvane City Council considered and adopted an ordinance authorizing a Lease-Purchase Agreement with Carson Bank to finance a 2026 Ford Police Interceptor Utility AWD vehicle in the amount of $65,728.52, with semi-annual payments over four years at 4.07% interest. The agreement is structured as tax-exempt municipal financing under Kansas law.

Scope & details

The full contract record, as filed.

Contract amount

$65,728.52 at 4.07% interest

Contract type

FINANCIAL_SERVICES

Contract term

Semi-annual payments over four (4) years

Renewal date

2030-12-31

Renewal

Four-year lease-purchase term; agreement includes annual appropriation and non-appropriation provisions. No automatic renewal beyond the stated term.

Document type

Agenda

Source document

Mulvane City Council Regular Meeting Agenda 2026-08-17

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Carson Bank was awarded this financial services contract by City of Mulvane, as recorded on August 17, 2026. The contract value is $65,728.52 at 4.07% interest.

How much is the Carson Bank contract with City of Mulvane worth?

The Carson Bank contract with City of Mulvane is valued at $65,728.52 at 4.07% interest, 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 Mulvane City Council Regular Meeting Agenda 2026-08-17 (Agenda), dated August 17, 2026 from City of Mulvane. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Carson Bank hold?

Carson 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 Carson Bank's profile

What is City of Mulvane currently buying?

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

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