CONTRACTAPPROVED

Howard-Winneshiek Community School District Awards Financial Services Contract to Cresco Bank & Trust (November 2021)

Howard-Winneshiek Community School District logoHoward-Winneshiek Community School District
Disclosed value
Not to exceed $1,000,000 in total deposits (including CDs)
From agenda
Approved
Nov 15, 2021
Term
Fiscal year 2022

The 30-second brief

What it covers

The district will continue its depository relationship with Cresco Bank & Trust for fiscal year 2022, with authority to hold up to $1,000,000 in deposits. This approval designates the bank as an authorized financial institution for district funds.

Who holds it

Cresco Bank & Trust holds this financial services contract with Howard-Winneshiek Community School District. Its other public contracts on record include work for City of Spillville and City of Cresco.

What happens next

Term as filed: Fiscal year 2022.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $1,000,000 in total deposits (including CDs)
Document date
November 15, 2021
Term
Fiscal year 2022
Vendor
Cresco Bank & Trust
Source document
howard-winneshiek-community-school-district-agenda-2021-11-15_c1c.txt (Agenda)

Cresco Bank & Trust's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Howard-Winneshiek Community School District?

Cresco Bank & Trust was awarded this financial services contract by Howard-Winneshiek Community School District, as recorded on November 15, 2021. The contract value is Not to exceed $1,000,000 in total deposits (including CDs).

How much is the Cresco Bank & Trust contract with Howard-Winneshiek Community School District worth?

The Cresco Bank & Trust contract with Howard-Winneshiek Community School District is valued at Not to exceed $1,000,000 in total deposits (including CDs), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in howard-winneshiek-community-school-district-agenda-2021-11-15_c1c.txt (Agenda), dated November 15, 2021 from Howard-Winneshiek Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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