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Town of Sylva Awards $203,929 Loan Contract to State Treasurers Office (March 2025)

Town of Sylva logoTown of Sylva
Disclosed value
$203,928.93
From meeting minutes
Approved
Mar 27, 2025

The 30-second brief

What it covers

The State Treasurer's office is disbursing principal-only loans to local governments impacted by Hurricane Helene. The Town was preapproved for $203,928.93 based off the damage inventory submitted in the FEMA/NC Emergency Management grant portal. The schedule in the agreement is 10% due on June 30, 2027, and 20%, 30% and 40% would be due in full in the 5th year, but the town will pay it back as soon as they receive funding from FEMA.

Who holds it

State Treasurers Office holds this loan contract with Town of Sylva. Its other public contracts on record include work for Cuba Independent Schools and Walsh county Housing Authority.

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Contract details

Contract type
Loan
Amount
$203,928.93
Document date
March 27, 2025
Term
NA
Vendor
State Treasurers Office
Agency
Town of Sylva
Source document
town-of-sylva-meeting-minutes-2025-03-27_0fd.pdf (Meeting Minutes)

State Treasurers Office's other public contracts

Cuba Independent Schools, New Mexico$2M overnight loan from State Treasurer’s Office in 2024 · Jul 16, 2025$2MTown of Sylva, North CarolinaState Treasurer’s Office disaster response loan approved · Mar 27, 2025$203.9KWalsh county Housing Authority, North DakotaLarge Remittance Paid to STATE TREASURERS OFFICE · Jul 6, 2021$25.7KWalsh County, North DakotaLarge Remittance to STATE TREASURERS OFFICE · Jul 6, 2021$25.7KTown of Walshville, North DakotaLarge Remittance Payment to STATE TREASURERS OFFICE · Jul 6, 2021$25.7KAll State Treasurers Office contractsVendor profile

More Town of Sylva contracts

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Questions about this contract

Who was awarded the loan contract by Town of Sylva?

State Treasurers Office was awarded this loan contract by Town of Sylva, as recorded on March 27, 2025. The contract value is $203,928.93.

How much is the State Treasurers Office contract with Town of Sylva worth?

The State Treasurers Office contract with Town of Sylva is valued at $203,928.93, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-sylva-meeting-minutes-2025-03-27_0fd.pdf (Meeting Minutes), dated March 27, 2025 from Town of Sylva. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State Treasurers Office hold?

State Treasurers Office 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 Sylva currently buying?

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

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