Lebanon CUSD 9 Awards Financial Services Contract to Farmer's & Merchant Bank (April 2020)

Lebanon CUSD #9 authorized negotiation of a short-term loan of up to $800,000 with Farmer's and Merchant Bank to support district cash flow needs. Detailed loan terms will be finalized through negotiations.

Document date · April 22, 2020

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Scope & details

The full contract record, as filed.

Contract amount

Up to $800,000

Contract type

FINANCIAL_SERVICES

Contract term

Short term loan (exact duration not specified)

Renewal

Short-term financing arrangement; any renewal or extension would require separate board action.

Document type

Minutes

Source document

lebanon_community_unit_district_9_board_meeting_mi.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lebanon CUSD 9?

Farmer's & Merchant Bank was awarded this financial services contract by Lebanon CUSD 9, as recorded on April 22, 2020. The contract value is Up to $800,000.

How much is the Farmer's & Merchant Bank contract with Lebanon CUSD 9 worth?

The Farmer's & Merchant Bank contract with Lebanon CUSD 9 is valued at Up to $800,000, 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 lebanon_community_unit_district_9_board_meeting_mi.pdf (Minutes), dated April 22, 2020 from Lebanon CUSD 9. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmer's & Merchant Bank hold?

Farmer's & Merchant 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 Farmer's & Merchant Bank's profile

What is Lebanon CUSD 9 currently buying?

Explore Lebanon CUSD 9's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Lebanon CUSD 9's profile