FINANCIAL_SERVICESAPPROVED

Rapides Parish Awards Financial Services Contract to Patterson State Bank (June 2026)

Rapides Parish Police Jury authorized Fire Protection District No. 7 to issue $930,000 in Limited Tax Bonds, with a $697,500 term bond (R-1) at 4.95% to be purchased by Patterson State Bank. Bond proceeds will fund fire protection facilities, vehicles, and equipment and pay issuance costs.

Status
APPROVED
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Patterson State Bank
Agency
Rapides Parish · LA

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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
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
$697,500 (Bond R-1 principal)
Contract type
FINANCIAL_SERVICES
Contract term
Bond installments due annually March 1, 2027–2036 at 4.95% interest
Renewal date
2036-03-01
Renewal
Limited Tax Bond R-1 amortizes with annual principal payments from 2027 through final maturity on 2036-03-01; no renewal, but callable on or after 2031-03-01.
Document type
Minutes
Source document
Rapides Parish Police Jury Minutes Regular Session 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rapides Parish?

Patterson State Bank was awarded this financial services contract by Rapides Parish, as recorded on June 8, 2026. The contract value is $697,500 (Bond R-1 principal).

How much is the Patterson State Bank contract with Rapides Parish worth?

The Patterson State Bank contract with Rapides Parish is valued at $697,500 (Bond R-1 principal), 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 Rapides Parish Police Jury Minutes Regular Session 2026-06-08 (Minutes), dated June 8, 2026 from Rapides Parish. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Patterson State Bank hold?

Patterson 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 Patterson State Bank's profile

What is Rapides Parish currently buying?

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

View Rapides Parish's profile

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