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Council to consider rewrite of streets certificate

Town of Homer
Disclosed value
$67,750.29
From agenda
Document date
Jun 1, 2026
Term
13 months @ 3.80%

The 30-second brief

What it covers

The Homer Village Council will consider rewriting Streets Certificate #9868 with Southern Michigan Bank & Trust for $67,750.29 at 3.80% interest over 13 months. This proposal restructures a streets fund certificate pending roll call approval.

Who holds it

Southern Michigan Bank & Trust holds this financial services contract with Town of Homer. Its other public contracts on record include work for Town of Newberg and City of Sturgis.

What happens next

Term as filed: 13 months @ 3.80%.

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Contract details

Contract type
Financial Services
Amount
$67,750.29
Document date
June 1, 2026
Term
13 months @ 3.80%
Vendor
Southern Michigan Bank & Trust
Agency
Town of Homer
Source document
Homer Village Council Regular Meeting Agenda 2026-06-01 (Agenda)

Southern Michigan Bank & Trust's other public contracts

Town of Newberg, MichiganNewberg Township Closes Bank Account at Southern Michigan · Oct 12, 2026$0.2City of Sturgis, MichiganSturgis Lists Southern Michigan Bank Payments · Sep 23, 2026$9.7KTown of Homer, MichiganCouncil Considers $126,238 Streets CD Rewrite · Sep 14, 2026$126.2KTown of Richland, MichiganTownship Considers Bank Accounts With SMBT · Sep 14, 2026UndisclosedTown of Constantine, MichiganVillage Reviews Southern Michigan Bank Interest Rates · Sep 8, 2026Undisclosed

More Town of Homer contracts

Civica EngineeringHomer Council Considers Civica Engineering Invoice · Oct 4, 2026$15KHomer Scouting SupportersCouncil to Back Scouting Group Gaming License · Aug 3, 2026UndisclosedHomer Lake Management BoardVillage to Fund Homer Lake Dock Replacement Share · Aug 3, 2026$3KCivica EngineeringVillage to Vote on Civica Engineering Design Invoice · Aug 3, 2026$9KCivica EngineeringCouncil Considers Second Civica Engineering Invoice · Aug 3, 2026$6KAll Town of Homer activityAgency profile

Questions about this contract

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

Southern Michigan Bank & Trust was awarded this financial services contract by Town of Homer, as recorded on June 1, 2026. The contract value is $67,750.29.

How much is the Southern Michigan Bank & Trust contract with Town of Homer worth?

The Southern Michigan Bank & Trust contract with Town of Homer is valued at $67,750.29, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Homer Village Council Regular Meeting Agenda 2026-06-01 (Agenda), dated June 1, 2026 from Town of Homer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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