City approves $3.1M loan with Pinnacle Financial
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Description
The City of Bowling Green approved a $3,100,000 tax-exempt loan with Pinnacle Financial Partners at a 4.11% interest rate to finance the purchase of property at 940 Bryant Way. The financing arrangement was selected following a quote process and adopted by unanimous vote.
Contract Details
Contract Amount
$3,100,000
Vendor
PINNACLE FINANCIAL PARTNERS
Agency
City of Bowling Green, KY
Contract Type
FINANCIAL_SERVICES
Document Date
April 2, 2026
Renewal Info
Loan terms and maturity schedule are not detailed in the minutes; renewals or refinancing would require future action.
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