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town-of-darrington-meeting-minutes-2021-03-10_d91.pdf

Town acquires Grandy Lakes Property with $350,000 loan

$350,000Town of DarringtonFORTERRA NWMarch 10, 2021

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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

Description

The Town of Darrington secured a $350,000 loan from Forterra NW for purchasing the Grandy Lakes Property. The loan has an interest rate of 3.5% and is to be repaid by CERB funding by March 2024.

Contract Details

Contract Amount

$350,000

Vendor

FORTERRA NW

Agency

Town of Darrington, WA

Contract Type

Loan

Document Date

March 10, 2021

Contract Term

Until March 2024

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