Angier to get private loan of 8.1 million for police station

Angier pivots to private bank loan for new police station project. Bids to be presented to board to compare, then loan terms presented and approved by August 5th, and finally the loan closing on August 19th.

Document date · June 3, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$8,100,000

Contract type

Loan

Contract term

Document type

Minutes

Source document

town-of-angier-board-of-commissioners-meeting-minutes-june-3-2025_77e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by Town of Angier?

Davenport Financial was awarded this loan contract by Town of Angier, as recorded on June 3, 2025. The contract value is $8,100,000.

How much is the Davenport Financial contract with Town of Angier worth?

The Davenport Financial contract with Town of Angier is valued at $8,100,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-angier-board-of-commissioners-meeting-minutes-june-3-2025_77e.pdf (Minutes), dated June 3, 2025 from Town of Angier. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Davenport Financial hold?

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

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