CONTRACTAPPROVED

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

City of Munford
Disclosed value
$3,500,000
From agendapacket
Approved
Sep 22, 2025
Term
One-year period line of credit

The 30-second brief

What it covers

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.

Who holds it

First Citizen’s Bank holds this financial services contract with City of Munford. Its other public contracts on record include work for Pittsylvania County and Municipio De Dorado.

What happens next

Term as filed: One-year period line of credit.

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Contract details

Contract type
Financial Services
Amount
$3,500,000
Document date
September 22, 2025
Term
One-year period line of credit
Source document
City of Munford Board of Mayor and Aldermen Agenda Packet 2025-09-22 (AgendaPacket)

First Citizen’s Bank's other public contracts

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Questions about this contract

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.

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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.

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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