FINANCIAL_SERVICESAPPROVED

City of Munford Awards $3,500,000 Financial Services Contract to First Citizen’s Bank (September 2025)

The City of Munford Board of Mayor and Aldermen approved Resolution 2025-09-01 to open a one-year, $3.5 million line of credit with First Citizen’s Bank at 5.12% interest. The facility will provide cash flow for the TDEC-ARPA wastewater treatment expansion project until grant reimbursements are received.

Status
APPROVED
Document date
September 22, 2025
Contract type
FINANCIAL_SERVICES
Vendor
First Citizen’s Bank
Agency
City of Munford · TN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,500,000
Contract type
FINANCIAL_SERVICES
Contract term
One-year period line of credit
Renewal
One-year line of credit; no explicit renewal or extension options described in the resolution.
Document type
AgendaPacket
Source document
City of Munford Board of Mayor and Aldermen Agenda Packet 2025-09-22

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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 Munford?

First Citizen’s Bank was awarded this financial services contract by City of Munford, as recorded on September 22, 2025. The contract value is $3,500,000.

How much is the First Citizen’s Bank contract with City of Munford worth?

The First Citizen’s Bank contract with City of Munford is valued at $3,500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Munford Board of Mayor and Aldermen Agenda Packet 2025-09-22 (AgendaPacket), dated September 22, 2025 from City of Munford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Citizen’s Bank hold?

First Citizen’s 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 First Citizen’s Bank's profile

What is City of Munford currently buying?

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

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