CONTRACTAPPROVED

City of Charlottesville Awards $50,000,000 Financing Contract to Alumni Association of the University of Virginia (August 2025)

City of Charlottesville logoCity of Charlottesville
Disclosed value
$50,000,000
From minutes
Approved
Aug 18, 2025

The 30-second brief

What it covers

City Council approves $50 million revenue bond for Alumni Association to finance Alumni Hall project, including demolition, construction, and equipping of the new facility.

Who holds it

Alumni Association of the University of Virginia holds this financing contract with City of Charlottesville.

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Contract details

Contract type
Financing
Amount
$50,000,000
Document date
August 18, 2025
Term
NA
Source document
city-of-charlottesville-city-council-meeting-minutes-august-18-2025_59b.pdf (Minutes)

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Questions about this contract

Who was awarded the financing contract by City of Charlottesville?

Alumni Association of the University of Virginia was awarded this financing contract by City of Charlottesville, as recorded on August 18, 2025. The contract value is $50,000,000.

How much is the Alumni Association of the University of Virginia contract with City of Charlottesville worth?

The Alumni Association of the University of Virginia contract with City of Charlottesville is valued at $50,000,000, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-charlottesville-city-council-meeting-minutes-august-18-2025_59b.pdf (Minutes), dated August 18, 2025 from City of Charlottesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alumni Association of the University of Virginia hold?

Alumni Association of the University of Virginia 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 Charlottesville currently buying?

Explore City of Charlottesville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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