FINANCIAL_SERVICESAPPROVED

Cook Hospital Awards Financial Services Contract to Park State Bank (April 2026)

Cook Hospital & Care Center approved borrowing up to $2,005,800 from Park State Bank to finance boiler and related equipment purchases along with associated financing costs. The gross revenue note will be repaid from hospital operating revenues without any taxpayer-backed general obligation pledge.

Status
APPROVED
Document date
April 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Park State Bank
Agency
Cook Hospital · MN

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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
Up to $2,005,800.00
Contract type
FINANCIAL_SERVICES
Renewal
One-time gross revenue note; no renewal terms described in the minutes.
Document type
Minutes
Source document
Cook Hospital & Care Center Regular Board Meeting Minutes 2026-04-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cook Hospital?

Park State Bank was awarded this financial services contract by Cook Hospital, as recorded on April 28, 2026. The contract value is Up to $2,005,800.00.

How much is the Park State Bank contract with Cook Hospital worth?

The Park State Bank contract with Cook Hospital is valued at Up to $2,005,800.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cook Hospital & Care Center Regular Board Meeting Minutes 2026-04-28 (Minutes), dated April 28, 2026 from Cook Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Park State Bank hold?

Park State 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.

View Park State Bank's profile

What is Cook Hospital currently buying?

Explore Cook Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Cook Hospital's profile

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