City Prefers State Bank for Sales Tax Bond
Town of BeaverCity · KS- Disclosed value
- $3,000,000 (proposed principal amount)
- From minutes
- Document date
- Jan 13, 2025
- Term
- 15 years
The 30-second brief
Beaver City expressed preference to issue a 15-year, $3 million sales tax revenue bond through State Bank of Southern Utah at 4.945% interest. The council favored this option for its lower total cost and local banking partnership.
State Bank of Southern Utah holds this financial services contract with Town of Beaver. Its other public contracts on record include work for Town of Springdale and Town of Apple Valley.
Term as filed: 15 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,000,000 (proposed principal amount)
- Document date
- January 13, 2025
- Term
- 15 years
- Agency
- Town of Beaver
- Source document
- town-of-beaver-city-council-minutes-bonds-contracts-jan-13-2025_604.md (Minutes)
State Bank of Southern Utah's other public contracts
More Town of Beaver contracts
Questions about this contract
Who was awarded the financial services contract by Town of Beaver?
State Bank of Southern Utah was awarded this financial services contract by Town of Beaver, as recorded on January 13, 2025. The contract value is $3,000,000 (proposed principal amount).
How much is the State Bank of Southern Utah contract with Town of Beaver worth?
The State Bank of Southern Utah contract with Town of Beaver is valued at $3,000,000 (proposed principal amount), 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 town-of-beaver-city-council-minutes-bonds-contracts-jan-13-2025_604.md (Minutes), dated January 13, 2025 from Town of Beaver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does State Bank of Southern Utah hold?
State Bank of Southern Utah 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 Town of Beaver currently buying?
Explore Town of Beaver's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.