Lebanon CUSD 9 Awards $800,000 Financial Services Contract to Farmer's & Merchant Bank (May 2020)

Lebanon CUSD #9 approved a resolution authorizing an $800,000 note and line of credit with Farmer's and Merchant Bank pursuant to 105 ILCS 5/17-17. The action establishes a financing facility to support district operations.

Document date · May 20, 2020

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Scope & details

The full contract record, as filed.

Contract amount

$800,000

Contract type

FINANCIAL_SERVICES

Renewal

Resolution authorizes issuance of note and line of credit; specific maturity or renewal terms were not stated in the minutes.

Document type

Minutes

Source document

lebanon_cusd_9_board_meeting_minutes_may_2020.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 May 20, 2020. The contract value is $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 $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_cusd_9_board_meeting_minutes_may_2020.pdf (Minutes), dated May 20, 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.

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