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Town of Burnsville Awards $3,000,000 Loan Contract to Town of Burnsville (November 2024)

Town of Burnsville logoTown of Burnsville
Disclosed value
$3,000,000
From meeting minutes
Approved
Nov 22, 2024
Term
2028-10-31 to 2030-06-30

The 30-second brief

What it covers

Town of Burnsville secures a $3,000,000 emergency bridge loan from the NC Department of Environmental Quality to repair water and wastewater infrastructure damaged by Hurricane Helene. The loan requires all receipts and invoices to be submitted by October 28, 2028 and to be paid back in full by June 30, 2030.

Who holds it

Town of Burnsville holds this loan contract with Town of Burnsville.

What happens next

Term as filed: 2028-10-31 to 2030-06-30.

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Contract details

Contract type
Loan
Amount
$3,000,000
Document date
November 22, 2024
Term
2028-10-31 to 2030-06-30
Vendor
Town of Burnsville
Agency
Town of Burnsville
Source document
town-of-burnsville-meeting-minutes-2024-11-22_40d.pdf (Meeting Minutes)

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Questions about this contract

Who was awarded the loan contract by Town of Burnsville?

Town of Burnsville was awarded this loan contract by Town of Burnsville, as recorded on November 22, 2024. The contract value is $3,000,000.

How much is the Town of Burnsville contract with Town of Burnsville worth?

The Town of Burnsville contract with Town of Burnsville is valued at $3,000,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-burnsville-meeting-minutes-2024-11-22_40d.pdf (Meeting Minutes), dated November 22, 2024 from Town of Burnsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Town of Burnsville hold?

Town of Burnsville 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 Town of Burnsville currently buying?

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

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