FINANCIAL_SERVICESAPPROVED

City of Mebane Awards $9,310,976 Financial Services Contract to City of Graham (May 2026)

Mebane City Council approved a financial agreement to pay the City of Graham $9,310,976, matching the interest rate and amortization schedule of Graham’s state loan. Payments will begin in FY 2026–27 and will be made under full reservation of rights amid ongoing litigation between the two cities.

Status
APPROVED
Document date
May 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
City of Graham
Agency
City of Mebane · NC

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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

Scope & details

The full contract record, as filed.

Contract amount
$9,310,976
Contract type
FINANCIAL_SERVICES
Contract term
Amortized on same schedule as City of Graham’s state loan; payments beginning FY 2026–27
Renewal
Multi-year amortized repayment mirroring Graham’s state loan; no separate renewal or extension provisions were discussed beyond the existing loan schedule.
Document type
Minutes
Source document
Mebane City Council Minutes 2026-05-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Mebane?

City of Graham was awarded this financial services contract by City of Mebane, as recorded on May 4, 2026. The contract value is $9,310,976.

How much is the City of Graham contract with City of Mebane worth?

The City of Graham contract with City of Mebane is valued at $9,310,976, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Mebane City Council Minutes 2026-05-04 (Minutes), dated May 4, 2026 from City of Mebane. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Graham hold?

City of Graham may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View City of Graham's profile

What is City of Mebane currently buying?

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

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