CONTRACTAPPROVED

Town of Glendale Awards Financial Services Contract to CIB (August 2026)

Disclosed value: $900,000.00 total financing ($810,000.00 grant; $90,000.00 loan); From minutes
Approved: Aug 6, 2026
Renews: Mar 2027; Free account

What it covers

Glendale adopted its CIB Final Bond Resolution for financing tied to the new well. The project received an $810,000 grant and a $90,000 loan at 1% interest, repayable over 30 years with annual payments beginning in October 2027.

Who holds it

CIB holds this financial services contract with Town of Glendale. Its other public contracts on record include work for Town of Levan and Town of Calmar.

What happens next

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

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Contract details

Contract type: Financial Services
Amount: $900,000.00 total financing ($810,000.00 grant; $90,000.00 loan)
Document date: August 6, 2026
Term: 30 years, with annual payments of $3,000.00 beginning in October 2027
Renews: Free account
Vendor: CIB
Agency: Town of Glendale
Source document: Glendale Town Minutes Public Hearing Meeting To Adopt CIB Final Bond Resolution And Regular Town Board Meeting August 6, 2026 (Minutes)

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Questions about this contract

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

CIB was awarded this financial services contract by Town of Glendale, as recorded on August 6, 2026. The contract value is $900,000.00 total financing ($810,000.00 grant; $90,000.00 loan).

How much is the CIB contract with Town of Glendale worth?

The CIB contract with Town of Glendale is valued at $900,000.00 total financing ($810,000.00 grant; $90,000.00 loan), 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 Glendale Town Minutes Public Hearing Meeting To Adopt CIB Final Bond Resolution And Regular Town Board Meeting August 6, 2026 (Minutes), dated August 6, 2026 from Town of Glendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CIB hold?

CIB 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 Glendale currently buying?

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

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