CONTRACTAPPROVED

Town of Alamo Awards $5,000,000 Loan Contract to Cumberland Securities (December 2020)

Disclosed value: $5,000,000; From meeting minutes
Approved: Dec 7, 2020

What it covers

The Alamo School Board requests contract with Cumberland Securities for securing a low interest rate with USDA. The estimated amount is $5 million, to be paid for by the school after the feasibility study.

Who holds it

Cumberland Securities holds this loan contract with Town of Alamo. Its other public contracts on record include work for City of Fairview and City of Athens.

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Contract details

Contract type: Loan
Amount: $5,000,000
Document date: December 7, 2020
Term: NA
Vendor: Cumberland Securities
Agency: Town of Alamo
Source document: town-of-alamo-meeting-minutes-2020-12-07_e28.pdf (Meeting Minutes)

Cumberland Securities's other public contracts

City of Fairview, TennesseeCity Discusses Debt With Cumberland Securities · Jul 23, 2026Undisclosed City of Athens, TennesseeCity Ties Reimbursement Plan To Investment Advisor · Jul 13, 2026Undisclosed City of Athens, TennesseeCouncil Reviews Reimbursement Resolution Cumberland Securities · Jul 13, 2026Undisclosed City of Red Bank, TennesseeCumberland Securities Listed as Financial Advisor Partner · Apr 28, 2026Undisclosed City of Sevierville, TennesseeCumberland Securities to Oversee $37M Electric Loan Program · Apr 20, 2026 All Cumberland Securities contractsVendor profile

More Town of Alamo contracts

Will PerryWill Perry contract for sewer plant operation · Jun 2, 2025$2K Empower Software Solutions, Inc.Empower to install new meters for city of Alamo · Jun 2, 2025Undisclosed Usg WaterAlamo approves pilot program for automatic water meters · May 5, 2025$24K Usg WaterAlamo approves smart water meter pilot with USG Water · May 5, 2025 Usg Water Solutions LLCUSG proposes $9,800 water meter pilot program · Apr 7, 2025$9.8K All Town of Alamo activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Alamo?

Cumberland Securities was awarded this loan contract by Town of Alamo, as recorded on December 7, 2020. The contract value is $5,000,000.

How much is the Cumberland Securities contract with Town of Alamo worth?

The Cumberland Securities contract with Town of Alamo is valued at $5,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-alamo-meeting-minutes-2020-12-07_e28.pdf (Meeting Minutes), dated December 7, 2020 from Town of Alamo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities hold?

Cumberland Securities 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 Town of Alamo currently buying?

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

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