CONTRACTAPPROVED

Town of Laurel Park Awards $997,840 Loan Agreement Contract to North Carolina Department of State Treasurer (July 2025)

Disclosed value: $997,840.48; From agenda
Approved: Jul 15, 2025

What it covers

North Carolina Department of State Treasurer approved a $997,840.48 loan agreement with Town of Laurel Park for disaster response activities related to Hurricane Helene, effective until full repayment by the earlier of the five-year anniversary of the loan date or June 30, 2030.

Who holds it

North Carolina Department of State Treasurer holds this loan agreement contract with Town of Laurel Park. Its other public contracts on record include work for Town of Mars Hill and Yancey County.

What happens next

Term as filed: Effective Date – earlier of five-year anniversary of loan date or June 30, 2030.

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Contract details

Contract type: Loan Agreement
Amount: $997,840.48
Document date: July 15, 2025
Term: Effective Date – earlier of five-year anniversary of loan date or June 30, 2030
Vendor: North Carolina Department of State Treasurer
Agency: Town of Laurel Park
Source document: town_council_regular_meeting_agenda_july_15_2025.pdf (Agenda)

North Carolina Department of State Treasurer's other public contracts

Town of Mars Hill, North CarolinaMars Hill Budget Includes Increased NC State Health Plan Fees · Jun 1, 2026 Yancey County, North CarolinaYancey County amends state disaster cashflow loans · Mar 9, 2026 Town of Laurel Park, North CarolinaNorth Carolina State Treasurer approves $676,826.96 disaster response loan to Laurel Park · Sep 16, 2025$676.8K City of Hendersonville, North CarolinaCity Amends Hurricane Helene Loan with NCDST · Aug 7, 2025Undisclosed Caldwell County, North CarolinaState cash flow loan for disaster response to Caldwell County · Jul 14, 2025$1.1M All North Carolina Department of State Treasurer contractsVendor profile

More Town of Laurel Park contracts

Ducker Land Management CoDucker Land Management Restores Laurel Green Park · Sep 1, 2026Undisclosed Carolina Climbers CoalitionCarolina Climbers Coalition Restores Jump Off Rock · Sep 1, 2026Undisclosed CIVICPLUSTown Launches CivicPlus Mass Notification System · Sep 1, 2026Undisclosed Flock SafetyLaurel Park Uses Flock Safety Cameras · Sep 1, 2026Undisclosed Valley Hill Fire & RescueValley Hill Fire & Rescue Retained for Emergency Services · Jun 9, 2026$643.9K All Town of Laurel Park activityAgency profile

Questions about this contract

Who was awarded the loan agreement contract by Town of Laurel Park?

North Carolina Department of State Treasurer was awarded this loan agreement contract by Town of Laurel Park, as recorded on July 15, 2025. The contract value is $997,840.48.

How much is the North Carolina Department of State Treasurer contract with Town of Laurel Park worth?

The North Carolina Department of State Treasurer contract with Town of Laurel Park is valued at $997,840.48, covering loan agreement work.

What type of contract is this?

This is a Loan Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town_council_regular_meeting_agenda_july_15_2025.pdf (Agenda), dated July 15, 2025 from Town of Laurel Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does North Carolina Department of State Treasurer hold?

North Carolina Department of State Treasurer 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 Laurel Park currently buying?

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

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