FINANCIAL_SERVICESONGOING

UCB Loan Funds Police Department Expansion

The Town is servicing a $784,572, 15-year UCB loan at 2.13% interest for a Police Department expansion, maturing April 21, 2036. Debt payments are included in the FY 2026-2027 General Fund budget.

Status
ONGOING
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
UCB
Agency
Town of Smithfield · NC

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$784,572
Contract type
FINANCIAL_SERVICES
Contract term
15 years; April 21, 2021 – April 21, 2036
Renewal date
2036-04-21
Renewal
Fixed 15-year loan with no stated renewal option; scheduled maturity April 21, 2036.
Document type
Budget
Source document
Town of Smithfield Adopted Budget 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Smithfield?

UCB was awarded this financial services contract by Town of Smithfield, as recorded on June 2, 2026. The contract value is $784,572.

How much is the UCB contract with Town of Smithfield worth?

The UCB contract with Town of Smithfield is valued at $784,572, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in Town of Smithfield Adopted Budget 2026-06-02 (Budget), dated June 2, 2026 from Town of Smithfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does UCB hold?

UCB 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 UCB's profile

What is Town of Smithfield currently buying?

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

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