CONTRACTAPPROVED

Prescott School District Awards Financial Services Contract to First National Bank (September 2019)

Prescott School District logoPrescott School District
Disclosed value
$1 million at 4.25% (first draw $TBD)
From minutes
Approved
Sep 18, 2019

The 30-second brief

What it covers

The Prescott School Board approved a $1 million line of credit with First National Bank at 4.25% interest with no origination fee to support short-term borrowing needs. The motion also authorized the first draw on the credit line, with the amount still to be determined.

Who holds it

First National Bank holds this financial services contract with Prescott School District. Its other public contracts on record include work for Kalamazoo Library District and City of Miami.

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Contract details

Contract type
Financial Services
Amount
$1 million at 4.25% (first draw $TBD)
Document date
September 18, 2019
Source document
Prescott School Board Minutes 2019-09-18 (Minutes)

First National Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Prescott School District?

First National Bank was awarded this financial services contract by Prescott School District, as recorded on September 18, 2019. The contract value is $1 million at 4.25% (first draw $TBD).

How much is the First National Bank contract with Prescott School District worth?

The First National Bank contract with Prescott School District is valued at $1 million at 4.25% (first draw $TBD), 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 Prescott School Board Minutes 2019-09-18 (Minutes), dated September 18, 2019 from Prescott School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank hold?

First National 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 Prescott School District currently buying?

Explore Prescott School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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