City of Munford Awards Financial Services Contract to First Citizen’s Bank (September 2025)
City of MunfordCity · Munford, TN- Disclosed value
- $3,500,000 line of credit at 5.12%
- From agendapacket
- Approved
- Sep 22, 2025
- Term
- One-year period
The 30-second brief
The City of Munford approved Resolution 2025-09-01 to open a $3,500,000 one-year line of credit with First Citizen’s Bank at 5.12% to fund cash flow needs for the TDEC-ARPA wastewater treatment expansion project and pay contractor Tybe before grant reimbursements. The mayor and recorder/treasurer are authorized to manage draws and repayments on the credit line.
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.
Term as filed: One-year period.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,500,000 line of credit at 5.12%
- Document date
- September 22, 2025
- Term
- One-year period
- Vendor
- First Citizen’s Bank
- Agency
- City of Munford
- Source document
- City of Munford Board of Mayor and Aldermen Agenda Packet 2025-09-22 (AgendaPacket)
First Citizen’s Bank's other public contracts
More City of Munford contracts
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 line of credit at 5.12%.
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 line of credit at 5.12%, 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.