Louisa County Board of Supervisors Agenda Packet 2026-06-15
VRA Lease Refinancing for Bond Savings Approved
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Description
Louisa County approved refinancing of its 2016 Virginia Resources Authority bonds to realize up to $2.1 million in savings and a new 10-year call period.
Contract Details
Contract Amount
Approximately $30.1 million refinancing principal, savings projected at $1.4–$2.1 million
Vendor
VIRGINIA RESOURCES AUTHORITY
Agency
Louisa County, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
New 10-year call period
Renewal Date
2036-06-15
Renewal Info
Refinancing closes for new 10-year call, pending financial thresholds; replaces prior bond term.
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