FINANCIAL_SERVICESPENDING

Town Advances Civic Park Loan Application With F&M Bank

The Town Council authorized the Town Manager to submit an application for an installment financing contract with F&M Bank to fund Civic Park Phase 1, with final loan approval and execution to occur at a later date. This action fulfills a Local Government Commission requirement to identify a proposed financing source without yet obligating the Town to the debt.

Status
PENDING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
F&m Bank
Agency
Town of Granite Quarry · NC

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Initial authorization is only for filing an application with F&M Bank; any loan terms, including amortization or renewal provisions, will be considered in a later Council action.
Document type
AgendaPacket
Source document
Town of Granite Quarry Agenda Packet 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Granite Quarry?

F&m Bank was awarded this financial services contract by Town of Granite Quarry, as recorded on July 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Granite Quarry Agenda Packet 2026-07-13 (AgendaPacket), dated July 13, 2026 from Town of Granite Quarry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does F&m Bank hold?

F&m Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Granite Quarry currently buying?

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

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