FINANCIAL_SERVICESAPPROVED

Colby Public Schools Unified School District 315 Awards Financial Services Contract to Western State Bank (August 2026)

The USD 315 Board of Education authorized Superintendent Kevin Warner to execute a lease purchase agreement with Western State Bank. The agreement carries a seven-year amortization at a fixed 5.25% rate, with current semi-annual principal and interest payments of $66,941.16.

Document date · August 28, 2026

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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 amount
Semi-annual principal and interest payments, currently $66,941.16
Contract type
FINANCIAL_SERVICES
Contract term
7-year amortization; fixed rate of 5.25%
Renewal
Seven-year amortization; no prepayment penalty for direct principal payments; re-amortization is available.
Document type
Minutes
Source document
USD 315 Board of Education Minutes Special Meeting August 28 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Colby Public Schools Unified School District 315?

Western State Bank was awarded this financial services contract by Colby Public Schools Unified School District 315, as recorded on August 28, 2026. The contract value is Semi-annual principal and interest payments, currently $66,941.16.

How much is the Western State Bank contract with Colby Public Schools Unified School District 315 worth?

The Western State Bank contract with Colby Public Schools Unified School District 315 is valued at Semi-annual principal and interest payments, currently $66,941.16, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in USD 315 Board of Education Minutes Special Meeting August 28 2026 (Minutes), dated August 28, 2026 from Colby Public Schools Unified School District 315. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Western State Bank hold?

Western State 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.

View Western State Bank's profile

What is Colby Public Schools Unified School District 315 currently buying?

Explore Colby Public Schools Unified School District 315's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Colby Public Schools Unified School District 315's profile