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City of Ormond Beach Awards Financial Services Contract to Webster Bank National Association (November 2025)

City of Ormond Beach logoCity of Ormond Beach
Disclosed value
Not exceeding $2,500,000
From agenda
Approved
Nov 18, 2025

The 30-second brief

What it covers

Ormond Beach approved Resolution 2024-123 to issue up to $2.5 million in Capital Improvement Revenue Bonds, Series 2024, through a negotiated sale to Webster Bank, National Association. The limited obligation bonds will finance city capital improvements and are payable from non-ad valorem revenues.

Who holds it

Webster Bank National Association holds this financial services contract with City of Ormond Beach. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.

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Contract details

Contract type
Financial Services
Amount
Not exceeding $2,500,000
Document date
November 18, 2025
Vendor
Webster Bank National Association
Agency
City of Ormond Beach
Source document
city_of_ormond_beach_city_commission_meeting_agend.pdf (Agenda)

Webster Bank National Association's other public contracts

Wayne Local Schools, OhioWayne District Expands Webster Bank Vehicle Financing · Oct 5, 2026Wayne Local Schools, OhioWayne Schools Expands Webster Bank Vehicle Financing Purpose · Oct 4, 2026Patchogue-Medford Union Free School District, New YorkWebster Bank Named Lease Funds Depository · Aug 25, 2026UndisclosedCity of Copperas Cove city, TexasWebster Bank Approved as Bond Paying Agent and Registrar · Aug 4, 2026UndisclosedHyde Park Central School District, New YorkWebster Bank Named Escrow Agent for Lease Funds · Jul 9, 2026UndisclosedAll Webster Bank National Association contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Ormond Beach?

Webster Bank National Association was awarded this financial services contract by City of Ormond Beach, as recorded on November 18, 2025. The contract value is Not exceeding $2,500,000.

How much is the Webster Bank National Association contract with City of Ormond Beach worth?

The Webster Bank National Association contract with City of Ormond Beach is valued at Not exceeding $2,500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_ormond_beach_city_commission_meeting_agend.pdf (Agenda), dated November 18, 2025 from City of Ormond Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Webster Bank National Association hold?

Webster Bank National Association 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 Ormond Beach currently buying?

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

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