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Loanpending

county-of-bladen-resolution-august-4-2025_bae.pdf

Four County Electric to loan $300,000 for garbage truck

$300,000Bladen Housing AuthorityFOUR COUNTY ELECTRICAugust 4, 2025

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

Description

Four County Electric Membership Corporation to provide a loan of up to $300,000 to Bladen County for the purchase of a new garbage truck, contingent upon the approval of the USDA Rural Economic Development Loan and Grant (REDLG) program. The loan will have a zero percent interest rate and a term of five years.

Contract Details

Contract Amount

$300,000

Vendor

FOUR COUNTY ELECTRIC

Agency

Bladen Housing Authority, NC

Contract Type

Loan

Document Date

August 4, 2025

Contract Term

5 years

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