Asheboro Housing Authority Awards Financial Services Contract to First Horizon Te1 Llc (June 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $2,841,562

Contract type

FINANCIAL_SERVICES

Contract term

Dated as of June 17, 2026; monthly installment payments until advance repaid

Renewal

Installment financing with fixed principal amount and interest rate; no automatic renewal, but agreement allows prepayment and potential interest rate adjustment under specified tax-related conditions.

Document type

AgendaPacket

Source document

City of Asheboro Regular Meeting Agenda Packet 2026-06-04

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City of Asheboro AgendaPacket Regular Meeting 2026-06-04

APPROVED

City of Asheboro, North CarolinaNot to exceed $2,841,562 at 3.50% interestJun 4, 2026

Key Colony Beach City Commission Agenda 2026-05-21

PENDING

City of Key Colony Beach, Florida$3,000,000.00May 21, 2026

City of Key Colony Beach Resolution 2026-08 2026-05-21

APPROVED

City of Key Colony Beach, FloridaNot to exceed $3,000,000May 21, 2026

Franklin Special School District Board Meeting Agenda April 13, 2026

AMENDED

Franklin Special School District, Tennessee$6,000,000.00Apr 13, 2026

The Franklin Special School District Tax Anticipation Revolving Loan Agreement Amendment

AMENDED

Franklin Special School District, TennesseeNot to exceed $5,000,000.00Apr 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Asheboro Housing Authority?

First Horizon Te1 Llc was awarded this financial services contract by Asheboro Housing Authority, as recorded on June 3, 2026. The contract value is Not to exceed $2,841,562.

How much is the First Horizon Te1 Llc contract with Asheboro Housing Authority worth?

The First Horizon Te1 Llc contract with Asheboro Housing Authority is valued at Not to exceed $2,841,562, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Asheboro Regular Meeting Agenda Packet 2026-06-04 (AgendaPacket), dated June 3, 2026 from Asheboro Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Horizon Te1 Llc hold?

First Horizon Te1 Llc 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 First Horizon Te1 Llc's profile

What is Asheboro Housing Authority currently buying?

Explore Asheboro Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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