Danville-Pittsylvania Regional Industrial Facility Authority Agenda Packet May 2026
Ongoing VSBFA loan payments for Berry Hill property
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Description
The Authority continued servicing its VSBFA loan for the 5981 Berry Hill Road property, making a $13,039.22 payment on April 30, 2026 alongside previously reported principal and interest payments. This financing supports land acquisition at the Southern Virginia Megasite.
Contract Details
Contract Amount
$13,039.22 (April 30, 2026 payment); prior Hairston property interest and principal payments including $8,845.31 interest and $4,479.23 principal referenced
Vendor
VSBFA
Agency
City of Danville, VA
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Loan for 5981 Berry Hill Rd / Hairston property; multi-year
Renewal Info
Long-term loan agreement for 5981 Berry Hill Rd remains in repayment; maturity date not provided in the packet.
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