CONTRACTAWARDED

City of Villa Rica Awards $20,985,000 Financial Services Contract to Jpmorgan Chase Bank NA (August 2023)

City of Villa Rica logoCity of Villa Rica
Disclosed value
$20,985,000
From agendapacket
Awarded
Aug 18, 2023
Renews
Free account

The 30-second brief

What it covers

The Urban Redevelopment Agency of the City of Villa Rica sold its $20,985,000 Revenue Bond, Series 2023, to JPMorgan Chase Bank, NA at par to finance urban redevelopment projects, capitalized interest, and issuance costs. The bond bears interest at 4.48% and matures January 1, 2041 with structured mandatory prepayments beginning in 2026.

Who holds it

Jpmorgan Chase Bank NA holds this financial services contract with City of Villa Rica. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Research Triangle Regional Public Transportation Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Villa Rica contract.

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Contract details

Contract type
Financial Services
Amount
$20,985,000
Document date
August 18, 2023
Term
Bond dated September 28, 2023, maturing January 1, 2041 (interest at 4.48% per annum)
Renews
Free account
Source document
City of Villa Rica Urban Redevelopment Agency Agenda Packet 2023-08-18 (AgendaPacket)

Jpmorgan Chase Bank NA's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Villa Rica?

Jpmorgan Chase Bank NA was awarded this financial services contract by City of Villa Rica, as recorded on August 18, 2023. The contract value is $20,985,000.

How much is the Jpmorgan Chase Bank NA contract with City of Villa Rica worth?

The Jpmorgan Chase Bank NA contract with City of Villa Rica is valued at $20,985,000, 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 Villa Rica Urban Redevelopment Agency Agenda Packet 2023-08-18 (AgendaPacket), dated August 18, 2023 from City of Villa Rica. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jpmorgan Chase Bank NA hold?

Jpmorgan Chase Bank NA 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 Villa Rica currently buying?

Explore City of Villa Rica's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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