CONTRACTAPPROVED

Richland Public School District 44 Awards Financial Services Contract to United Bankers Bank (September 2020)

Richland Public School District 44
Approved
Sep 16, 2020

The 30-second brief

What it covers

Richland #44 School Board approved the results of sale and bid for its Taxable General Obligation School Building Refunding Bonds, Series 2020, selecting United Bankers Bank of Bloomington, MN at a 1.40% interest rate. The refinancing is expected to generate $224,427.62 in savings compared to the original estimate of $180,000.

Who holds it

United Bankers Bank holds this financial services contract with Richland Public School District 44. Its other public contracts on record include work for Live Oak County and RTR Public Schools.

What happens next

Term as filed: Taxable General Obligation School Building Refunding Bonds, Series 2020 at 1.40% interest (previously 3.8%).

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Contract details

Contract type
Financial Services
Document date
September 16, 2020
Term
Taxable General Obligation School Building Refunding Bonds, Series 2020 at 1.40% interest (previously 3.8%)
Source document
richland-public-school-district-44-meeting-minutes-2020-09-16_fb2.txt (Meeting Minutes)

United Bankers Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Richland Public School District 44?

United Bankers Bank was awarded this financial services contract by Richland Public School District 44, as recorded on September 16, 2020.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in richland-public-school-district-44-meeting-minutes-2020-09-16_fb2.txt (Meeting Minutes), dated September 16, 2020 from Richland Public School District 44. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United Bankers Bank hold?

United Bankers 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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What is Richland Public School District 44 currently buying?

Explore Richland Public School District 44's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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