City of Shelby Awards Financial Services Contract to Cleveland County (April 2024)
City of ShelbyCity · Shelby, NC- Disclosed value
- $1,006,034 (year 7 payment of 15)
- From agenda
- Approved
- Apr 1, 2024
- Renews
- Free account
The 30-second brief
The Shelby City Council approved a $1,006,034 payment to Cleveland County as part of the annual debt service for a utility infrastructure loan supporting Project Grizzly. This payment is the 7th in a 15-year loan arrangement to fund water, sewer, and gas improvements for the Clearwater Paper S2 expansion.
Cleveland County holds this financial services contract with City of Shelby. Its other public contracts on record include work for City of Noble and Oklahoma Turnpike Authority | State of Oklahoma.
The renewal date is on record. A free account shows it, with the renewals for every City of Shelby contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,006,034 (year 7 payment of 15)
- Document date
- April 1, 2024
- Term
- 15 years, payment 7 of 15, annual (started 2017, ends 2032)
- Renews
- Free account
- Vendor
- Cleveland County
- Agency
- City of Shelby
- Source document
- shelby_city_council_regular_meeting_agenda_april_2.pdf (Agenda)
Cleveland County's other public contracts
More City of Shelby contracts
Questions about this contract
Who was awarded the financial services contract by City of Shelby?
Cleveland County was awarded this financial services contract by City of Shelby, as recorded on April 1, 2024. The contract value is $1,006,034 (year 7 payment of 15).
How much is the Cleveland County contract with City of Shelby worth?
The Cleveland County contract with City of Shelby is valued at $1,006,034 (year 7 payment of 15), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in shelby_city_council_regular_meeting_agenda_april_2.pdf (Agenda), dated April 1, 2024 from City of Shelby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cleveland County hold?
Cleveland County may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Shelby currently buying?
Explore City of Shelby's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.