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FINANCIAL_SERVICESAMENDED

City of Beatrice Agreement Assumption Agreement 2026-05-18

Original Downtown Revitalization Loan Transferred From Hydo

$30,000.00Town of BeatriceHYDO PROPERTIES LLCMay 18, 2026

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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

The City of Beatrice documents the transfer of a prior $30,000 Downtown Revitalization Improvement Program loan originally made to Hydo Properties, LLC to new purchasers Brian L. and Kala C. York. The assumption agreement releases Hydo Properties, LLC from the loan, guaranty, and deed of trust obligations tied to the 122 North 5th Street property.

Contract Details

Contract Amount

$30,000.00

Vendor

HYDO PROPERTIES LLC

Agency

Town of Beatrice, AL

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Renewal Info

Original loan agreement dated August 1, 2022; obligations are assumed and Hydo Properties, LLC is released from further liability under the note, guaranty, and deed of trust as of execution of the 2026 assumption documents.

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