CONTRACTREJECTED

First Internet Bank Financing Offer Declined

City of Story logoCity of Story
Document date
Jan 31, 2022

The 30-second brief

What it covers

First Internet Bank offered to finance Story City’s Series 2022A Project Note at 1.350% with additional bank counsel fees, but the city declined the proposal. Exchange State Bank was chosen as the lender for the urban renewal financing.

Who holds it

First Internet Bank holds this financial services contract with City of Story. Its other public contracts on record include work for Town of Peninsula and Indian Boundary Conservancy District.

What happens next

Term as filed: Rate indication as of January 26, 2022 for Series 2022A.

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Contract details

Contract type
Financial Services
Document date
January 31, 2022
Term
Rate indication as of January 26, 2022 for Series 2022A
Source document
city-of-story-special-council-agenda-january-31-2022_860.pdf (Agenda)

First Internet Bank's other public contracts

More City of Story contracts

Questions about this contract

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

First Internet Bank was awarded this financial services contract by City of Story, as recorded on January 31, 2022.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-story-special-council-agenda-january-31-2022_860.pdf (Agenda), dated January 31, 2022 from City of Story. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Internet Bank hold?

First Internet 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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