forsyth_county_board_of_commissioners_meeting_agen.pdf
County Accepts $2.4M Commerce Grant for Tanglewood
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Description
Forsyth County approved an agreement with the North Carolina Department of Commerce to receive a $2,400,000 grant for water and sewer infrastructure improvements at Tanglewood Business Park. The MOU runs from January 1, 2023 through August 1, 2024 with quarterly disbursements tied to eligible project expenditures.
Contract Details
Contract Amount
$2,400,000
Vendor
NORTH CAROLINA DEPARTMENT OF COMMERCE
Agency
Forsyth County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
December 18, 2025
Contract Term
Effective January 1, 2023; terminates August 1, 2024 unless extended
Renewal Date
2024-08-01
Renewal Info
MOU effective January 1, 2023 through August 1, 2024, with the option for DOC to extend the term if improvements are not completed; all unexpended funds must be returned within 30 days of termination.
More from NORTH CAROLINA DEPARTMENT OF COMMERCE
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APPROVEDforsyth_county_board_of_commissioners_meeting_agen.pdf
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Forsyth County AgendaPacket June 04, 2026 Meeting 2026-06-04
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Forsyth County AgendaPacket June 04, 2026 Meeting 2026-06-04
Forsyth County Agenda 2026-06-04
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