Council Deposits $300K Park Funds in Local Bank
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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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