Farmville Plans Truist Financing for Police Cars
- Disclosed value
- Not to exceed $218,600
- From agendapacket
- Document date
- Aug 3, 2026
The 30-second brief
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.
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.
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
- Vendor
- Truist Bank
- Agency
- Town of Farmville
- 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.