CONTRACTRECOMMENDED

Brownsburg Budgets $318,800 for First Farmers Bank

Town of Brownsburg town logoTown of Brownsburg town
Disclosed value
$318,800 for 2027 payments: $166,400 principal and $152,400 interest
From agenda
Document date
Sep 17, 2026
Renews
Free account

The 30-second brief

What it covers

Brownsburg’s proposed 2027 Town Center TIF budget provides $318,800 to First Farmers Bank under the 2017 Scannell Purchase Garage financing. The budget includes $166,400 in principal and $152,400 in interest payments.

Who holds it

First Farmers Bank holds this financial services contract with Town of Brownsburg town. Its other public contracts on record include work for Brownsburg Police Department and Frankton-Lapel Community Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Brownsburg town contract.

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Contract details

Contract type
Financial Services
Amount
$318,800 for 2027 payments: $166,400 principal and $152,400 interest
Document date
September 17, 2026
Term
2027 scheduled payments on February 1 and August 1, 2027
Renews
Free account
Source document
Brownsburg Agenda Special Meeting of the Redevelopment Commission 2026-09-17 (Agenda)

First Farmers Bank's other public contracts

More Town of Brownsburg town contracts

Questions about this contract

Who was awarded the financial services contract by Town of Brownsburg town?

First Farmers Bank was awarded this financial services contract by Town of Brownsburg town, as recorded on September 17, 2026. The contract value is $318,800 for 2027 payments: $166,400 principal and $152,400 interest.

How much is the First Farmers Bank contract with Town of Brownsburg town worth?

The First Farmers Bank contract with Town of Brownsburg town is valued at $318,800 for 2027 payments: $166,400 principal and $152,400 interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Brownsburg Agenda Special Meeting of the Redevelopment Commission 2026-09-17 (Agenda), dated September 17, 2026 from Town of Brownsburg town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Farmers Bank hold?

First Farmers 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 Town of Brownsburg town currently buying?

Explore Town of Brownsburg town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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