CONTRACTAPPROVED

Town of Farmville town Awards Financial Services Contract to Hometrust Bank (July 2023)

Town of Farmville town
Disclosed value
Not to exceed $505,000
From agendapacket
Approved
Jul 12, 2023

The 30-second brief

What it covers

Farmville Town Council authorized a three-year municipal lease with HomeTrust Bank, financing up to $505,000 for one leaf truck and five police vehicles at an interest rate capped at 3.65%. The resolution empowers the Town Manager to execute the lease and related documents.

Who holds it

Hometrust Bank holds this financial services contract with Town of Farmville town. Its other public contracts on record include work for New River Resource Authority and Wythe County.

What happens next

Term as filed: Up to 3 years from closing, with lease dated 7/18/2023.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $505,000
Document date
July 12, 2023
Term
Up to 3 years from closing, with lease dated 7/18/2023
Source document
Town of Farmville Agenda Packet 2023-07-12 (AgendaPacket)

Hometrust Bank's other public contracts

More Town of Farmville town contracts

Questions about this contract

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

Hometrust Bank was awarded this financial services contract by Town of Farmville town, as recorded on July 12, 2023. The contract value is Not to exceed $505,000.

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

The Hometrust Bank contract with Town of Farmville town is valued at Not to exceed $505,000, 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 2023-07-12 (AgendaPacket), dated July 12, 2023 from Town of Farmville town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hometrust Bank hold?

Hometrust 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 town currently buying?

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

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