franklin-county-public-schools-budget-2024-02-12_8d6.pdf
Carter Bank Administers Windy Gap VPSA Loan
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Description
Carter Bank is the agent for a 20-year, $6.57M VPSA subsidy loan for Windy Gap, with principal and interest payments continuing through July 2026.
Contract Details
Contract Amount
$6,573,600.00
Vendor
CARTER BANK
Agency
Franklin County Public Schools, VA
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2024
Contract Term
2006–2026 (20 years)
Renewal Date
2026-07-15
Renewal Info
Loan set to expire July 2026; no renewal or amendment described.
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