FINANCIAL_SERVICESAPPROVED

City of Schofield Awards $1,875,000 Financial Services Contract to One Community Bank (August 2026)

The City of Schofield approved a $1,875,000, 15-year promissory note with One Community Bank to fund the street portion of Kort Street Reconstruction and TID #4 Ross Avenue Reconstruction. The borrowing features an initial 4.89% fixed interest rate with semiannual interest and annual principal payments through 2041.

Document date · August 31, 2026

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TerraCycle logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,875,000.00
Contract type
FINANCIAL_SERVICES
Contract term
September 8, 2026 – September 8, 2041 (15-year term)
Renewal date
2041-09-08
Renewal
Single-advance term note maturing September 8, 2041; interest rate adjusts every three years after the first five, with optional prepayment in full or in part without penalty. No automatic renewal; future borrowing would require separate authorization.
Document type
AgendaPacket
Source document
City of Schofield Finance/Economic Redevelopment Committee Agenda Packet 2026-08-31

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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 Schofield?

One Community Bank was awarded this financial services contract by City of Schofield, as recorded on August 31, 2026. The contract value is $1,875,000.00.

How much is the One Community Bank contract with City of Schofield worth?

The One Community Bank contract with City of Schofield is valued at $1,875,000.00, covering financial services work.

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 City of Schofield Finance/Economic Redevelopment Committee Agenda Packet 2026-08-31 (AgendaPacket), dated August 31, 2026 from City of Schofield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does One Community Bank hold?

One Community 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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