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FINANCIAL_SERVICESAPPROVED

des_arc_city_council_meeting_minutes_march_2025.pdf

Council Deposits $300K Park Funds in Local Bank

$300,000 (deposited funds)City of Des ArcMERCHANTS & PLANTERS BANKMarch 18, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Des Arc City Council authorized depositing $300,000 of sales tax-related funds into Merchants and Planters Bank, restricted solely for future Riverfront Park construction. The action designates the bank as the depository for these dedicated park funds.

Contract Details

Contract Amount

$300,000 (deposited funds)

Vendor

MERCHANTS & PLANTERS BANK

Agency

City of Des Arc, AR

Contract Type

FINANCIAL_SERVICES

Document Date

March 18, 2025

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