FINANCIAL_SERVICESAPPROVED

City of Sandy Springs Awards Financial Services Contract to Pinnacle Bank (August 2026)

The Sandy Springs Development Authority’s 2026 bond resolution designates Pinnacle Bank as trustee, paying agent, and bond registrar for up to $110 million in taxable revenue bonds supporting the North River Apartments project. Pinnacle Bank will administer bond proceeds and debt service accounts through the bonds’ 2038 maturity.

Status
APPROVED
Document date
August 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pinnacle Bank
Agency
City of Sandy Springs · GA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
From bond issuance date in 2026 through final bond maturity on December 1, 2038, or earlier discharge
Renewal date
2038-12-01
Renewal
Trustee appointment continues until the Series 2026 bonds are paid in full or the Indenture is discharged; replacement or succession is governed by the Indenture’s successor trustee provisions, not automatic renewal.
Document type
AgendaPacket
Source document
Sandy Springs Development Authority Agenda Packet 2026-08-26

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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 Sandy Springs?

Pinnacle Bank was awarded this financial services contract by City of Sandy Springs, as recorded on August 26, 2026.

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 Sandy Springs Development Authority Agenda Packet 2026-08-26 (AgendaPacket), dated August 26, 2026 from City of Sandy Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pinnacle Bank hold?

Pinnacle 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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