FINANCIAL_SERVICESPENDING

Ten-Year Bank Financing for Park Paving Project

Richland Township is set to authorize a ten-year, $225,000 installment purchase agreement with 1st State Bank of Saginaw to finance improvements to the Township Park’s south parking lot and private road. The agreement will fund crushing, shaping, and asphalting work for the facility.

Status
PENDING
Document date
August 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
1st State Bank of Saginaw Michigan
Agency
Town of Richland · MI

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$225,000
Contract type
FINANCIAL_SERVICES
Contract term
Ten (10) year installment purchase agreement
Renewal
Ten-year fixed installment purchase agreement; the agenda does not specify renewal or extension options beyond the initial term.
Document type
Agenda
Source document
Richland Township Agenda Regular Meeting 2026-08-11

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Frequently asked questions

Common questions about this contract, answered from the record.

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

1st State Bank of Saginaw Michigan was awarded this financial services contract by Town of Richland, as recorded on August 11, 2026. The contract value is $225,000.

How much is the 1st State Bank of Saginaw Michigan contract with Town of Richland worth?

The 1st State Bank of Saginaw Michigan contract with Town of Richland is valued at $225,000, 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 Richland Township Agenda Regular Meeting 2026-08-11 (Agenda), dated August 11, 2026 from Town of Richland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 1st State Bank of Saginaw Michigan hold?

1st State Bank of Saginaw Michigan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 1st State Bank of Saginaw Michigan's profile

What is Town of Richland currently buying?

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

View Town of Richland's profile

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