CONTRACTDISCUSSED

Agency plans phased construction loans with bank

Kairos Public District logoKairos Public District
Document date
Oct 27, 2024

The 30-second brief

What it covers

Kairos Sunflower identifies First Citizen Bank as its sole lender, noting an existing loan for KISP and proposing 3-year, interest-only construction loans for future phases. The plan includes a potential conversion to a tax-exempt loan to reduce borrowing costs.

Who holds it

First Citizen Bank holds this financial services contract with Kairos Public District. Its other public contracts on record include work for Town of Andrews town and Heron Virtual Academy Of South Carolina.

What happens next

Term as filed: 3 Year Construction Loans paying interest only.

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Contract details

Contract type
Financial Services
Document date
October 27, 2024
Term
3 Year Construction Loans paying interest only
Source document
kairos-public-districtproposal2024-10-27_ee0.pdf (Proposal)

First Citizen Bank's other public contracts

More Kairos Public District contracts

Questions about this contract

Who was awarded the financial services contract by Kairos Public District?

First Citizen Bank was awarded this financial services contract by Kairos Public District, as recorded on October 27, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in kairos-public-districtproposal2024-10-27_ee0.pdf (Proposal), dated October 27, 2024 from Kairos Public District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Citizen Bank hold?

First Citizen 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.

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What is Kairos Public District currently buying?

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