FINANCIAL_SERVICESONGOING

Oldsmar Carries Synovus Harbor Palms Debt

Oldsmar continues to carry a Synovus Bank refunding revenue note supporting the Harbor Palms Infrastructure project. The $6 million financing matures in 2033, with $528,185 budgeted for debt service in FY 2026/2027.

Document date · July 7, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$6,000,000 original amount; $3,429,000 principal balance at September 30, 2026; $528,185 budgeted FY 2026/2027 debt service
Contract type
FINANCIAL_SERVICES
Contract term
Issued FY 2018/2019; reissued FY 2020/2021; final maturity 2033
Renewal date
2033-09-30
Renewal
Debt was reissued in FY 2020/2021 to reduce the interest rate and extend the construction draw period; final maturity is 2033.
Document type
Budget
Source document
City of Oldsmar Budget Proposed Budget Fiscal Year 26/27 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Synovus Bank was awarded this financial services contract by City of Oldsmar, as recorded on July 7, 2026. The contract value is $6,000,000 original amount; $3,429,000 principal balance at September 30, 2026; $528,185 budgeted FY 2026/2027 debt service.

How much is the Synovus Bank contract with City of Oldsmar worth?

The Synovus Bank contract with City of Oldsmar is valued at $6,000,000 original amount; $3,429,000 principal balance at September 30, 2026; $528,185 budgeted FY 2026/2027 debt service, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Oldsmar Budget Proposed Budget Fiscal Year 26/27 2026-07-07 (Budget), dated July 7, 2026 from City of Oldsmar. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Synovus Bank hold?

Synovus 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.

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What is City of Oldsmar currently buying?

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