CONTRACTRECOMMENDED

Farmville Plans Truist Financing for Police Cars

Town of Farmville logoTown of Farmville
Disclosed value
Not to exceed $218,600
From agendapacket
Document date
Aug 3, 2026

The 30-second brief

What it covers

The Town of Farmville Board of Commissioners is asked to adopt a resolution authorizing tax-exempt financing with Truist Bank for up to $218,600 to purchase and upfit five new police cars. The proposed financing would run for up to five years at an interest rate not to exceed 4.27%, secured by annual appropriations and a security interest in the vehicles.

Who holds it

Truist Bank holds this financial services contract with Town of Farmville. Its other public contracts on record include work for City of Mebane and Inverness Public Utility District.

What happens next

Term as filed: Not to exceed five (5) years from closing.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $218,600
Document date
August 3, 2026
Term
Not to exceed five (5) years from closing
Source document
Town of Farmville Agenda Packet August 3, 2026 (AgendaPacket)

Truist Bank's other public contracts

More Town of Farmville contracts

Questions about this contract

Who was awarded the financial services contract by Town of Farmville?

Truist Bank was awarded this financial services contract by Town of Farmville, as recorded on August 3, 2026. The contract value is Not to exceed $218,600.

How much is the Truist Bank contract with Town of Farmville worth?

The Truist Bank contract with Town of Farmville is valued at Not to exceed $218,600, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Farmville Agenda Packet August 3, 2026 (AgendaPacket), dated August 3, 2026 from Town of Farmville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Truist Bank hold?

Truist 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 Farmville currently buying?

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

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