CONTRACTONGOING

Sterling Bank Loan Funds Parkland Projects

City of Parkland
Disclosed value
$20 million loan (2021)
From report
Document date
Sep 30, 2024
Term
Maturity date December 1, 2040
Renews
Free account

The 30-second brief

What it covers

Sterling Bank continues to provide loan funding to the City of Parkland through a $20 million capital improvements revenue note, supporting park construction and other capital projects with maturity in 2040.

Who holds it

Sterling Bank holds this financial services contract with City of Parkland. Its other public contracts on record include work for City of Wood Village and Milltown village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Parkland contract.

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Contract details

Contract type
Financial Services
Amount
$20 million loan (2021)
Document date
September 30, 2024
Term
Maturity date December 1, 2040
Renews
Free account
Source document
city-of-parkland-annual-comprehensive-financial-report_0bb.pdf (Report)

Sterling Bank's other public contracts

More City of Parkland contracts

Questions about this contract

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

Sterling Bank was awarded this financial services contract by City of Parkland, as recorded on September 30, 2024. The contract value is $20 million loan (2021).

How much is the Sterling Bank contract with City of Parkland worth?

The Sterling Bank contract with City of Parkland is valued at $20 million loan (2021), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-parkland-annual-comprehensive-financial-report_0bb.pdf (Report), dated September 30, 2024 from City of Parkland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sterling Bank hold?

Sterling 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 City of Parkland currently buying?

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

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