FINANCIAL_SERVICESAMENDED

Lot Development Loan for 42 N Main Amended

Plainview City Council approved a First Amendment to the Lot Development Program Loan with 42 N Main Common Grounds, LLC, resetting repayment to 60 monthly installments at 3% interest beginning May 1, 2024. The amendment updates terms on the 2017 development loan.

Document date · March 12, 2024

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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
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
Contract term
Monthly payments beginning May 1, 2024 for 60 months at 3% interest
Renewal date
2029-04-30
Renewal
First amendment revises payment schedule and interest; no additional renewal or extension provisions were noted in the minutes, and the original May 10, 2017 loan continues as amended.
Document type
Minutes
Source document
plainview_city_council_regular_meeting_minutes_mar.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Plainview?

42 N Main Common Grounds Llc was awarded this financial services contract by City of Plainview, as recorded on March 12, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in plainview_city_council_regular_meeting_minutes_mar.pdf (Minutes), dated March 12, 2024 from City of Plainview. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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