Colby Civicplus #13

City of Colby $4.1 Million Certificate-of-Deposit Investment

The City of Colby, Kansas, is seeking bids for a $4.1 million certificate-of-deposit investment. - Buyer: City of Colby, Finance Director’s office, Colby, Thomas County, Kansas. - Requested investment: One Certificate of Deposit (CD) for $4,100,000, with a term of either six or twelve months. - Notable requirement: For banks using the CDARS Program, interest must be paid on the funds from the deposit date to the investment date. - OEMs and vendors: No specific OEMs, banks, or other vendors are named.

Description

The City of Colby is accepting bids to invest $4,100,000 in a 6- or 12-month Certificate of Deposit. Bids must be returned to the Finance Director's office by 10:00 a.m. on October 13, 2026. For banks using the CDARS Program, interest must be paid on the funds from the deposit date to the investment date. The funds will become available on October 15, 2026.

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