CONTRACTONGOING

Escrow Agreement With Signature Bank For Lease Proceeds

Clear Creek School District RE-1 logoClear Creek School District RE-1
Disclosed value
$3,861,500.00
From agreement
Document date
Jun 28, 2022

The 30-second brief

What it covers

Clear Creek School District No. RE-1 and Signature Public Funding Corp. entered into an Escrow Deposit Agreement with Signature Bank to hold and disburse $3,861,500 in lease proceeds for a financed project. The funds are maintained in a non-interest bearing escrow account from June 28, 2022, subject to detailed disbursement, indemnification, and regulatory compliance provisions through an anticipated closing date of June 28, 2025.

Who holds it

Signature Bank holds this financial services contract with Clear Creek School District RE-1. Its other public contracts on record include work for Town of Balance of Swanton and Holland village.

What happens next

Term as filed: June 28, 2022 – June 28, 2025 (Termination Date is earliest of events described, including Anticipated Closing Date June 28, 2025).

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Contract details

Contract type
Financial Services
Amount
$3,861,500.00
Document date
June 28, 2022
Term
June 28, 2022 – June 28, 2025 (Termination Date is earliest of events described, including Anticipated Closing Date June 28, 2025)
Source document
escrow_deposit_agreement_clear_creek_school_distri.pdf (Agreement)

Signature Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Clear Creek School District RE-1?

Signature Bank was awarded this financial services contract by Clear Creek School District RE-1, as recorded on June 28, 2022. The contract value is $3,861,500.00.

How much is the Signature Bank contract with Clear Creek School District RE-1 worth?

The Signature Bank contract with Clear Creek School District RE-1 is valued at $3,861,500.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in escrow_deposit_agreement_clear_creek_school_distri.pdf (Agreement), dated June 28, 2022 from Clear Creek School District RE-1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Signature Bank hold?

Signature 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.

What is Clear Creek School District RE-1 currently buying?

Explore Clear Creek School District RE-1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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