Council OKs $2 Million Water LOC with Arvest Bank
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Description
The Republic City Council approved an ordinance authorizing the Chief Financial Officer to finalize a $2 million line of credit with Arvest Bank to support short-term cash flow needs for water improvement projects. The obligation is limited to Water Fund revenues and was adopted following a unanimous Council vote.
Contract Details
Contract Amount
$2,000,000 line of credit
Vendor
ARVEST BANK
Agency
City of Republic city, MO
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
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