Meade County Awards $1,880,472 Financial Services Contract to Legends West Bank (August 2026)

Legends West Bank approved a $1,880,471.91 fixed-rate commercial loan to Elk Creek Properties, Inc. to refinance an assignment agreement for tax increment from Bank West in Rapid City, South Dakota. The loan carries a 7.500% interest rate, includes a $18,618.53 origination fee, and matures November 10, 2032 if not called earlier.

Scope & details

The full contract record, as filed.

Contract amount

$1,880,471.91

Contract type

FINANCIAL_SERVICES

Contract term

09-10-2026 to 11-10-2032, due on demand and, if no demand, on November 10, 2032

Renewal date

2032-11-10

Renewal

Loan is due on demand with a stated maturity of November 10, 2032 if no demand is made. No renewal or extension terms are specified beyond demand provisions.

Document type

Agreement

Source document

Legends West Bank Disbursement Request and Authorization 2026-09-10

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Legends West Bank Promissory Note 2026-09-10

ONGOING

Meade County, South Dakota$1,880,471.91Aug 30, 2026

Lawrence County Commissioners Meeting January 2026

APPROVED

Lawrence County, South DakotaJan 13, 2026

garden-county-board-of-commissioners-meeting-minutes-january-8-2024_169.pdf

APPROVED

Garden County, NebraskaJan 8, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Meade County?

Legends West Bank was awarded this financial services contract by Meade County, as recorded on August 30, 2026. The contract value is $1,880,471.91.

How much is the Legends West Bank contract with Meade County worth?

The Legends West Bank contract with Meade County is valued at $1,880,471.91, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Legends West Bank Disbursement Request and Authorization 2026-09-10 (Agreement), dated August 30, 2026 from Meade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Legends West Bank hold?

Legends West 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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