CONTRACTAPPROVED

City of Norton Awards Financial Services Contract to Webster Bank (September 2026)

City of Norton
Disclosed value
Up to $1,300,000
From minutes
Approved
Sep 15, 2026
Term
Approximately 10 years
Renews
Free account

The 30-second brief

What it covers

Norton City Council approved up to $1.3 million in general-obligation refunding bonds with Webster Bank. The transaction will refinance the tennis court project and was recommended based on favorable rates, prepayment terms, and debt savings.

Who holds it

Webster Bank holds this financial services contract with City of Norton. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and City of Kerman.

What happens next

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Contract details

Contract type
Financial Services
Amount
Up to $1,300,000
Document date
September 15, 2026
Term
Approximately 10 years
Renews
On record
Source document
Norton City Council Minutes Regular Meeting 2026-09-15 (Minutes)

Webster 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?

Webster Bank was awarded this financial services contract by City of Norton, as recorded on September 15, 2026. The contract value is Up to $1,300,000.

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

The Webster Bank contract with City of Norton is valued at Up to $1,300,000, 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 Regular Meeting 2026-09-15 (Minutes), dated September 15, 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 Webster Bank hold?

Webster 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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