FINANCIAL_SERVICESAPPROVED

City of Danville Awards Financial Services Contract to Virginia Tobacco Region Revitalization Commission (April 2026)

Danville City Council is approving budget amendments to accept a $459,000 grant and a $2,000,000 loan from the Virginia Tobacco Region Revitalization Commission to fund engineering and construction of a 3.5‑mile natural gas line to the Southern Virginia Megasite at Berry Hill. The funding will support design, permitting, and related capital work to bring gas service to Microporous and other future industrial tenants.

Status
APPROVED
Document date
April 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Tobacco Region Revitalization Commission
Agency
City of Danville · VA

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TerraCycle logo
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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

Scope & details

The full contract record, as filed.

Contract amount
$459,000 grant and $2,000,000 loan (total $2,459,000)
Contract type
FINANCIAL_SERVICES
Contract term
Grant Agreement dated May 22, 2024; continuing appropriation until project completion
Renewal
Continuing capital project appropriation that carries forward from year to year until expended for the defined natural gas extension project; no recurring renewal but subject to Commission grant conditions and reporting.
Document type
Agenda
Source document
Danville City Council Regular Meeting Agenda April 7 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Danville?

Virginia Tobacco Region Revitalization Commission was awarded this financial services contract by City of Danville, as recorded on April 6, 2026. The contract value is $459,000 grant and $2,000,000 loan (total $2,459,000).

How much is the Virginia Tobacco Region Revitalization Commission contract with City of Danville worth?

The Virginia Tobacco Region Revitalization Commission contract with City of Danville is valued at $459,000 grant and $2,000,000 loan (total $2,459,000), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Danville City Council Regular Meeting Agenda April 7 2026 (Agenda), dated April 6, 2026 from City of Danville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Tobacco Region Revitalization Commission hold?

Virginia Tobacco Region Revitalization Commission 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 Virginia Tobacco Region Revitalization Commission's profile

What is City of Danville currently buying?

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

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