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FINANCIAL_SERVICESONGOING

Town of Wendell Board of Commissioners Regular Session Agenda February 9 2026

KS Bank Street Resurfacing Debt Service Ongoing

$119,740Town of WendellKS BANKFebruary 9, 2026

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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

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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