Blount County Awards Facilities Contract to Hometown Bank of Alabama (October 2023)
- Disclosed value
- $900,000 (front-loaded, part of 30-year market-value lease, with further in-kind improvements)
- From minutes
- Approved
- Oct 10, 2023
- Term
- 30 years
- Renews
- Free account
The 30-second brief
Blount County Commission approved a 30-year triple-net lease with Hometown Bank of Alabama for the Old Agribusiness Center. The $900,000 agreement is front-loaded and includes major property improvements and management by the Economic Development Council.
Hometown Bank of Alabama holds this facilities contract with Blount County. Its other public contracts on record include work for City of Oneonta.
The renewal date is on record. A free account shows it, with the renewals for every Blount County contract.
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Contract details
- Contract type
- Facilities
- Amount
- $900,000 (front-loaded, part of 30-year market-value lease, with further in-kind improvements)
- Document date
- October 10, 2023
- Term
- 30 years
- Renews
- Free account
- Vendor
- Hometown Bank of Alabama
- Agency
- Blount County
- Source document
- blount-county-commission-meeting-minutes-october-10-2023_f50.md (Minutes)
Hometown Bank of Alabama's other public contracts
More Blount County contracts
Questions about this contract
Who was awarded the facilities contract by Blount County?
Hometown Bank of Alabama was awarded this facilities contract by Blount County, as recorded on October 10, 2023. The contract value is $900,000 (front-loaded, part of 30-year market-value lease, with further in-kind improvements).
How much is the Hometown Bank of Alabama contract with Blount County worth?
The Hometown Bank of Alabama contract with Blount County is valued at $900,000 (front-loaded, part of 30-year market-value lease, with further in-kind improvements), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in blount-county-commission-meeting-minutes-october-10-2023_f50.md (Minutes), dated October 10, 2023 from Blount County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hometown Bank of Alabama hold?
Hometown Bank of Alabama 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 Blount County currently buying?
Explore Blount County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.