CONTRACTAPPROVED

Town of Green Awards Financial Services Contract to CIB (January 2021)

Disclosed value: $300,000 loan at 0.5% interest for 30 years; From meeting minutes
Approved: Jan 13, 2021
Term: 30 years
Renews: Mar 2027; Free account

What it covers

Green River City Council approved a CIB funding package for phase one of the river restoration project, accepting a $300,000 loan at 0.5% interest over 30 years, with annual payments of about $10,000 to be made from sales tax revenues. This action secures sufficient funding to complete the restoration work.

Who holds it

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

What happens next

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

Renewal date on recordLocked

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Contract details

Contract type: Financial Services
Amount: $300,000 loan at 0.5% interest for 30 years
Document date: January 13, 2021
Term: 30 years
Renews: Free account
Vendor: CIB
Agency: Town of Green
Source document: town-of-green-meeting-minutes-2021-01-13_978.pdf (Meeting Minutes)

CIB's other public contracts

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Questions about this contract

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

CIB was awarded this financial services contract by Town of Green, as recorded on January 13, 2021. The contract value is $300,000 loan at 0.5% interest for 30 years.

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

The CIB contract with Town of Green is valued at $300,000 loan at 0.5% interest for 30 years, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-green-meeting-minutes-2021-01-13_978.pdf (Meeting Minutes), dated January 13, 2021 from Town of Green. 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 Green currently buying?

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

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