Compass Bank Managing TCC Loan Proceeds
Rio Nuevo Multipurpose Facilities DistrictSpecial District · Tucson, AZ- Disclosed value
- $70 million (loan proceeds account referenced)
- From minutes
- Document date
- Sep 17, 2019
The 30-second brief
Rio Nuevo’s CFO reported that Compass Bank currently holds $70 million in loan proceeds for the Tucson Convention Center campus, and that staff is working with the trustee to reimburse prior expenditures such as the TCC ice plant. The banking relationship remains active as part of the district’s capital financing.
Compass Bank holds this financial services contract with Rio Nuevo Multipurpose Facilities District. Its other public contracts on record include work for Prentice School District and Big Bear Area Regional Wastewater Agency.
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Contract details
- Contract type
- Financial Services
- Amount
- $70 million (loan proceeds account referenced)
- Document date
- September 17, 2019
- Vendor
- Compass Bank
- Source document
- Rio Nuevo Board Meeting Minutes September 17 2019 (Minutes)
Compass Bank's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Rio Nuevo Multipurpose Facilities District?
Compass Bank was awarded this financial services contract by Rio Nuevo Multipurpose Facilities District, as recorded on September 17, 2019. The contract value is $70 million (loan proceeds account referenced).
How much is the Compass Bank contract with Rio Nuevo Multipurpose Facilities District worth?
The Compass Bank contract with Rio Nuevo Multipurpose Facilities District is valued at $70 million (loan proceeds account referenced), 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 Rio Nuevo Board Meeting Minutes September 17 2019 (Minutes), dated September 17, 2019 from Rio Nuevo Multipurpose Facilities District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Compass Bank hold?
Compass 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 Rio Nuevo Multipurpose Facilities District currently buying?
Explore Rio Nuevo Multipurpose Facilities District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.