bladen-county-agenda-2023-08-07_7f5.txt
Proposed Forgivable Loan for Medical Facility Project
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Description
A public hearing was held regarding a proposed $500,000 forgivable loan to Bladen's Bloomin' Agri-Industrial, Inc. for development of a medical facility. Board considered a joint development agreement for the project.
Contract Details
Contract Amount
$500,000 forgivable loan (referenced in public hearing notice)
Vendor
BLADEN'S BLOOMIN' AGRI-INDUSTRIAL INC
Agency
Bladen County, NC
Contract Type
OTHER
Document Date
August 7, 2023
Renewal Info
Board approval of the agreement is pending; terms of loan forgiveness and development obligations outlined in agreement.
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