CONTRACTPENDING

Aquatic Center Loan Approved by Security Bank

Disclosed value: $7,815,000; From minutes
Document date: Jun 23, 2026

What it covers

Nevada City staff reported that Security Bank of Kansas City has approved a $7,815,000 loan to finance the Aquatics Center at 5% interest with a 1% acceptance fee. The council will consider formal approval of the financing in July, with an optional call in 3 years and mandatory call in 5 years.

Who holds it

Security Bank of Kansas City holds this financial services contract with City of Nevada. Its other public contracts on record include work for City of Bel Aire and City of Odessa.

What happens next

Term as filed: 5% interest, 1% acceptance fee, optional call in 3 years or mandatory call in 5 years.

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Contract details

Contract type: Financial Services
Amount: $7,815,000
Document date: June 23, 2026
Term: 5% interest, 1% acceptance fee, optional call in 3 years or mandatory call in 5 years
Vendor: Security Bank of Kansas City
Agency: City of Nevada
Source document: City of Nevada City Council Work Session Minutes 2026-06-23 (Minutes)

Security Bank of Kansas City's other public contracts

City of Bel Aire, KansasBel Aire Authorizes Security Bank Debt Payment · Oct 20, 2026$85.6K City of Odessa, MissouriOdessa Pays Security Bank $471,945 · Sep 28, 2026$471.9K City of Odessa, MissouriCity Makes Financial Payment to Security Bank · Sep 28, 2026$471.9K City of Basehor, KansasSpecial Assessment Payment to Security Bank of KC · Aug 26, 2026$41.7K City of Liberal, KansasSecurity Bank Role In Liberal Hospitality IRB Subordinated · Aug 25, 2026Undisclosed All Security Bank of Kansas City contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Nevada?

Security Bank of Kansas City was awarded this financial services contract by City of Nevada, as recorded on June 23, 2026. The contract value is $7,815,000.

How much is the Security Bank of Kansas City contract with City of Nevada worth?

The Security Bank of Kansas City contract with City of Nevada is valued at $7,815,000, 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 City of Nevada City Council Work Session Minutes 2026-06-23 (Minutes), dated June 23, 2026 from City of Nevada. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Security Bank of Kansas City hold?

Security Bank of Kansas City 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 City of Nevada currently buying?

Explore City of Nevada's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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