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Truist Bank's $25 Million Doraville Revenue Bond Proposal

City of Doraville logoCity of Doraville
Disclosed value
$25,00,000
From resolution
Document date
May 14, 2025
Term
20 Years

The 30-second brief

What it covers

Truist Bank's proposal to city of Doraville included a 15-year put provision, meaning the bank has the option to redeem the Series 2025 Bond after 15 years. Davenport evaluated the 15-year put option versus the lowest 20-year option rate with no put provision including the breakeven refinancing rate for the final 5 years, if necessary.

Who holds it

Truist Bank holds this revenue bond contract with City of Doraville. Its other public contracts on record include work for City of Mebane and Inverness Public Utility District.

What happens next

Term as filed: 20 Years.

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Contract details

Contract type
Revenue Bond
Amount
$25,00,000
Document date
May 14, 2025
Term
20 Years
Vendor
Truist Bank
Agency
City of Doraville
Source document
city-of-doraville-resolution-2025-05-14_1c4.pdf (Resolution)

Truist Bank's other public contracts

City of Mebane, North CarolinaMebane Approves Truist Financing for Equipment Shed · Oct 20, 2026Inverness Public Utility District, CaliforniaIPUD Approves Truist Bank Payments · Oct 20, 2026$10.3North Carolina Department of State Treasurer | State of North Carolina, North CarolinaMebane Approves Truist Financing for Equipment Building · Oct 15, 2026$1.6MTown of Broadway, VirginiaBroadway Continues Truist Library Loan Payments · Oct 15, 2026North Carolina Department of State Treasurer | State of North Carolina, North CarolinaGivens Estates Names Truist Bank Bond Trustee · Oct 15, 2026UndisclosedAll Truist Bank contractsVendor profile

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Questions about this contract

Who was awarded the revenue bond contract by City of Doraville?

Truist Bank was awarded this revenue bond contract by City of Doraville, as recorded on May 14, 2025. The contract value is $25,00,000.

How much is the Truist Bank contract with City of Doraville worth?

The Truist Bank contract with City of Doraville is valued at $25,00,000, covering revenue bond work.

What type of contract is this?

This is a Revenue Bond contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-doraville-resolution-2025-05-14_1c4.pdf (Resolution), dated May 14, 2025 from City of Doraville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Truist Bank hold?

Truist Bank 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 Doraville currently buying?

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

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