Knoxville's Community Development Corp. Awards Financial Services Contract to Pinnacle Bank (October 2026)
- Disclosed value
- Not to exceed $18,000,000
- From resolution
- Approved
- Oct 29, 2026
The 30-second brief
St. Mary’s GP Corporation approved an equity bridge loan of up to $18 million from Pinnacle Bank for Riella at Oakwood. The financing will fund development activities and will be secured through bridge loan, guaranty, and related documents.
Pinnacle Bank holds this financial services contract with Knoxville's Community Development Corp.. Its other public contracts on record include work for City of Spring Hill and Dundy County.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $18,000,000
- Document date
- October 29, 2026
- Vendor
- Pinnacle Bank
- Source document
- St. Mary's GP Corporation Resolution Resolution regarding the development and financing of Riella at Oakwood 2026-10-29 (Resolution)
Pinnacle Bank's other public contracts
More Knoxville's Community Development Corp. contracts
Questions about this contract
Who was awarded the financial services contract by Knoxville's Community Development Corp.?
Pinnacle Bank was awarded this financial services contract by Knoxville's Community Development Corp., as recorded on October 29, 2026. The contract value is Not to exceed $18,000,000.
How much is the Pinnacle Bank contract with Knoxville's Community Development Corp. worth?
The Pinnacle Bank contract with Knoxville's Community Development Corp. is valued at Not to exceed $18,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in St. Mary's GP Corporation Resolution Resolution regarding the development and financing of Riella at Oakwood 2026-10-29 (Resolution), dated October 29, 2026 from Knoxville's Community Development Corp.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pinnacle Bank hold?
Pinnacle 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.
What is Knoxville's Community Development Corp. currently buying?
Explore Knoxville's Community Development Corp.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.