CONTRACTAPPROVED

Town of Jefferson Awards Financial Services Contract to Republic First National Bank (December 2019)

Town of Jefferson
Disclosed value
Not to exceed $600,000 for pumper tanker; not to exceed $41,000 for staff vehicle/2020 Ford Interceptor; not to exceed $438,300 for 3 medic remounts; total pre-approval up to $1,079,300
From resolution
Approved
Dec 3, 2019

The 30-second brief

What it covers

Jefferson Township Board of Trustees approved Resolution 19-120 authorizing the Fire Chief to secure pre-approval municipal lease-purchase financing with Republic First National Bank for fire and police vehicles totaling up to approximately $1.08 million. The action locks in low tax-exempt interest rates for 30 days and uses new levy funds for a pumper tanker, staff vehicle, and medic unit remounts.

Who holds it

Republic First National Bank holds this financial services contract with Town of Jefferson. Its other public contracts on record include work for Amador Fire Protection District and Nederland Fire Protection District.

What happens next

Term as filed: Pre-approval/credit authorization valid for 30 days; underlying municipal lease terms attached and based on Ohio State bid requirements.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $600,000 for pumper tanker; not to exceed $41,000 for staff vehicle/2020 Ford Interceptor; not to exceed $438,300 for 3 medic remounts; total pre-approval up to $1,079,300
Document date
December 3, 2019
Term
Pre-approval/credit authorization valid for 30 days; underlying municipal lease terms attached and based on Ohio State bid requirements
Source document
Jefferson Township Board of Trustees Resolution 19-120 Fire Chief Pre-Approval (Resolution)

Republic First National Bank's other public contracts

More Town of Jefferson contracts

Questions about this contract

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

Republic First National Bank was awarded this financial services contract by Town of Jefferson, as recorded on December 3, 2019. The contract value is Not to exceed $600,000 for pumper tanker; not to exceed $41,000 for staff vehicle/2020 Ford Interceptor; not to exceed $438,300 for 3 medic remounts; total pre-approval up to $1,079,300.

How much is the Republic First National Bank contract with Town of Jefferson worth?

The Republic First National Bank contract with Town of Jefferson is valued at Not to exceed $600,000 for pumper tanker; not to exceed $41,000 for staff vehicle/2020 Ford Interceptor; not to exceed $438,300 for 3 medic remounts; total pre-approval up to $1,079,300, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Jefferson Township Board of Trustees Resolution 19-120 Fire Chief Pre-Approval (Resolution), dated December 3, 2019 from Town of Jefferson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Republic First National Bank hold?

Republic First National 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 Jefferson currently buying?

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

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