KS Bank Street Resurfacing Debt Service Ongoing
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Description
Wendell is paying $119,740 in FY 2026 to KS Bank for debt service on its street resurfacing project. The remaining loan payments extend through fiscal year 2031.
Contract Details
Contract Amount
$119,740
Vendor
KS BANK
Agency
Town of Wendell, NC
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Contract Term
Payment in May 2026; final payment FY 2031
Renewal Date
2031-06-30
Renewal Info
Fixed-term street resurfacing debt to be repaid by FY 2031; no renewal options noted.
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Town of Wendell AgendaPacket Downtown Development Committee Regular Session Agenda 2026-05-27
Town of Wendell AgendaPacket Downtown Development Committee Regular Session Agenda 2026-05-27
Town of Wendell AgendaPacket Downtown Development Committee Regular Session Agenda 2026-05-27
Town of Wendell AgendaPacket Downtown Development Committee Regular Session Agenda 2026-05-27
Town of Wendell AgendaPacket Downtown Development Committee Regular Session Agenda 2026-05-27
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