FINANCIAL_SERVICESAPPROVED

City of Sarasota Awards Financial Services Contract to Regions Capital Advantage Inc (July 2026)

The City Commission will adopt a resolution to issue a Capital Improvement Revenue Note, Series 2026, in an amount not to exceed $8,000,000 and to enter into a non-revolving credit agreement with Regions Capital Advantage, Inc. The financing will provide interim funding for the St. Armands Key and Lido Key undergrounding project and related transaction costs.

Status
APPROVED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Regions Capital Advantage Inc
Agency
City of Sarasota · FL

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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
Not to exceed $8,000,000
Contract type
FINANCIAL_SERVICES
Renewal
Resolution authorizes a non-revolving credit agreement tied to the Series 2026 note; renewal or refinancing provisions are not detailed in the agenda text.
Document type
Agenda
Source document
City of Sarasota Agenda Regular City Commission Meeting 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Sarasota?

Regions Capital Advantage Inc was awarded this financial services contract by City of Sarasota, as recorded on July 12, 2026. The contract value is Not to exceed $8,000,000.

How much is the Regions Capital Advantage Inc contract with City of Sarasota worth?

The Regions Capital Advantage Inc contract with City of Sarasota is valued at Not to exceed $8,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Sarasota Agenda Regular City Commission Meeting 2026-07-20 (Agenda), dated July 12, 2026 from City of Sarasota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Capital Advantage Inc hold?

Regions Capital Advantage Inc 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 Regions Capital Advantage Inc's profile

What is City of Sarasota currently buying?

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

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