CONTRACTAPPROVED

City of Nome Awards Financial Services Contract to Northrim Bank (August 2026)

Disclosed value: Not to exceed $8,600,000.00; From agenda
Approved: Aug 24, 2026
Renews: Mar 2027; Free account

What it covers

The City of Nome approved Resolution R-26-08-06 to issue and sell a Utility Revenue Anticipation Note, not to exceed $8.6 million, to Northrim Bank. The financing will fund diesel fuel purchases for the Nome Joint Utility System under a secured, revenue-backed note maturing by August 6, 2027.

Who holds it

Northrim Bank holds this financial services contract with City of Nome. Its other public contracts on record include work for City of Houston and City of Homer.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Nome contract.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $8,600,000.00
Document date: August 24, 2026
Term: Eleven equal monthly installments from October 6, 2026, with remaining balance due no later than August 6, 2027
Renews: Free account
Vendor: Northrim Bank
Agency: City of Nome
Source document: Nome Common Council Agenda 2026-08-24 (Agenda)

Northrim Bank's other public contracts

City of Houston, AlaskaHouston Authorizes Northrim Bank Treasurer Signature Card · Oct 16, 2026Undisclosed City of Nome, AlaskaNome Approves Northrim Bank Utility Fuel Financing · Sep 14, 2026 City of Homer, AlaskaNorthrim Bank Joins Housing Planning Effort · Jun 9, 2026Undisclosed City of Houston, AlaskaCity Updates Banking Authority with Northrim Bank · May 13, 2026Undisclosed City of Soldotna, AlaskaCity Retires Bond Anticipation Note with Northrim Bank · Apr 22, 2026Undisclosed All Northrim Bank contractsVendor profile

More City of Nome contracts

Alaska Gold CompanyPort Pad Aggregate Contract Awarded · Aug 24, 2026Undisclosed Norton Sound Economic Development CorporationNome Extends Harbor Lease with NSEDC to 2045 · Aug 24, 2026 Alaska Gold CompanyCrushed Aggregate Road Contract to Alaska Gold · Aug 24, 2026Undisclosed PNDBristol and PND Prepare Seawall RFQ · Aug 20, 2026Undisclosed CRWCRW Designs Port Fuel Line Upgrades · Aug 20, 2026Undisclosed All City of Nome activityAgency profile

Questions about this contract

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

Northrim Bank was awarded this financial services contract by City of Nome, as recorded on August 24, 2026. The contract value is Not to exceed $8,600,000.00.

How much is the Northrim Bank contract with City of Nome worth?

The Northrim Bank contract with City of Nome is valued at Not to exceed $8,600,000.00, 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 Nome Common Council Agenda 2026-08-24 (Agenda), dated August 24, 2026 from City of Nome. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northrim Bank hold?

Northrim 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 Nome currently buying?

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

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