City of Shelby Awards Financial Services Contract to Cleveland County (April 2024)
City of ShelbyCity · Shelby, NC- Disclosed value
- $518,799.90 (year 2 payment of 10)
- From agenda
- Approved
- Apr 1, 2024
- Renews
- Free account
The 30-second brief
The City of Shelby approved a $518,799.90 annual payment to Cleveland County as part of the debt service reimbursement for the Shell Building #4 project. This marks the second installment in a 10-year loan agreement to support shared development costs.
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
- $518,799.90 (year 2 payment of 10)
- Document date
- April 1, 2024
- Term
- 10 years, payment 2 of 10, annual (started 2023, 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 $518,799.90 (year 2 payment of 10).
How much is the Cleveland County contract with City of Shelby worth?
The Cleveland County contract with City of Shelby is valued at $518,799.90 (year 2 payment of 10), 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.