Library Plans 7-Year Building Loan With Royal Banks
Rock Hill Public Library DistrictLibrary District · Rock Hill, MO- Disclosed value
- ~$280,000 (outstanding balance)
- From minutes
- Document date
- Aug 29, 2026
- Term
- Proposed 7-year note starting July 1
The 30-second brief
The library board discussed renewing its building loan with Royal Banks, maintaining the existing certificates of participation structure with a proposed seven-year note on an outstanding balance of approximately $280,000. Legal and public finance advisors recommended against refinancing elsewhere, and the board plans to proceed if the interest rate offered is under six percent.
Royal Banks holds this financial services contract with Rock Hill Public Library District. Its other public contracts on record include work for University City School District and Ralls County Public Water Supply District 1.
Term as filed: Proposed 7-year note starting July 1.
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Contract details
- Contract type
- Financial Services
- Amount
- ~$280,000 (outstanding balance)
- Document date
- August 29, 2026
- Term
- Proposed 7-year note starting July 1
- Vendor
- Royal Banks
- Source document
- Library Board Minutes 2026-08-29 (Minutes)
Royal Banks's other public contracts
More Rock Hill Public Library District contracts
Questions about this contract
Who was awarded the financial services contract by Rock Hill Public Library District?
Royal Banks was awarded this financial services contract by Rock Hill Public Library District, as recorded on August 29, 2026. The contract value is ~$280,000 (outstanding balance).
How much is the Royal Banks contract with Rock Hill Public Library District worth?
The Royal Banks contract with Rock Hill Public Library District is valued at ~$280,000 (outstanding balance), 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 Library Board Minutes 2026-08-29 (Minutes), dated August 29, 2026 from Rock Hill Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Royal Banks hold?
Royal Banks 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 Rock Hill Public Library District currently buying?
Explore Rock Hill Public Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.