FINANCIAL_SERVICESAPPROVED

Upper San Juan Library District Awards Financial Services Contract to Bank of the San Juans (July 2026)

The Upper San Juan Library District Board approved Resolution 2026-1 to enter into a Site Lease and Lease Purchase Agreement with Bank of the San Juans at a 4.48% interest rate. The agreement provides roughly $133,000 in annual payments over ten years, with no penalty for early payoff and annual renewals coordinated with the Ruby Sisson Library budgeting process.

Status
APPROVED
Document date
July 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of the San Juans
Agency
Upper San Juan Library District · CO

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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
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
Approximately $133,000 annually for ten years; first payment $132,769.51
Contract type
FINANCIAL_SERVICES
Contract term
Approximately 10 years, with annual renewal periods; first payment due February 2027
Renewal
Lease includes an annual renewal period coordinated with the Ruby Sisson Library annual budgeting process. The obligation may be retired early without penalty; final documents will be reviewed at the August 2026 board meeting.
Document type
Minutes
Source document
Upper San Juan Library District Board of Trustees Special Meeting Minutes 2026-07-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Upper San Juan Library District?

Bank of the San Juans was awarded this financial services contract by Upper San Juan Library District, as recorded on July 22, 2026. The contract value is Approximately $133,000 annually for ten years; first payment $132,769.51.

How much is the Bank of the San Juans contract with Upper San Juan Library District worth?

The Bank of the San Juans contract with Upper San Juan Library District is valued at Approximately $133,000 annually for ten years; first payment $132,769.51, 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 Upper San Juan Library District Board of Trustees Special Meeting Minutes 2026-07-22 (Minutes), dated July 22, 2026 from Upper San Juan Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of the San Juans hold?

Bank of the San Juans 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 Bank of the San Juans's profile

What is Upper San Juan Library District currently buying?

Explore Upper San Juan Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Upper San Juan Library District's profile

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