CONTRACTREJECTED

Mid America Bank Financing Proposal Not Selected

City of Norton
Disclosed value
$262,750 principal proposed for financing; $332,750 total purchase amount
From minutes
Document date
Sep 2, 2026
Term
Five years proposed

The 30-second brief

What it covers

Mid America Bank submitted a five-year financing proposal for the Washington Square roof replacement project at 4.90% interest. Council selected The Bank's proposal at 4.49% rather than Mid America Bank's offer.

Who holds it

Mid America Bank holds this financial services contract with City of Norton. Its other public contracts on record include work for Wellsville Unified School District 289 and City of Baldwin.

What happens next

Term as filed: Five years proposed.

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Contract details

Contract type
Financial Services
Amount
$262,750 principal proposed for financing; $332,750 total purchase amount
Document date
September 2, 2026
Term
Five years proposed
Source document
Norton City Council Minutes September 2, 2026 (Minutes)

Mid America Bank's other public contracts

More City of Norton contracts

Questions about this contract

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

Mid America Bank was awarded this financial services contract by City of Norton, as recorded on September 2, 2026. The contract value is $262,750 principal proposed for financing; $332,750 total purchase amount.

How much is the Mid America Bank contract with City of Norton worth?

The Mid America Bank contract with City of Norton is valued at $262,750 principal proposed for financing; $332,750 total purchase amount, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Norton City Council Minutes September 2, 2026 (Minutes), dated September 2, 2026 from City of Norton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mid America Bank hold?

Mid America 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 Norton currently buying?

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

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