FINANCIAL_SERVICESAMENDED

Yancey County amends state disaster cashflow loans

Yancey County approved an amendment with the North Carolina Department of State Treasurer covering three existing State Cashflow disaster response loans totaling approximately $8 million. The amendment defers repayment until at least June 30, 2030 or later FEMA‑related triggers, while keeping the loans interest‑free and updating program conditions under recent state session laws.

Status
AMENDED
Document date
March 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
North Carolina Department of State Treasurer
Agency
Yancey County · NC

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Derivita logo
Comcate 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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,680,783.49 (Round 1); $2,428,779.00 (Round 2); $1,920,977.13 (Round 3)
Contract type
FINANCIAL_SERVICES
Contract term
Repayment deferred until the latest of June 30, 2030; final declination of FEMA coverage/reimbursement; or receipt of FEMA reimbursement funds, then repaid on a schedule set by NCDST
Renewal date
2030-06-30
Renewal
Amendment supersedes prior repayment schedules for Round 1, Round 2, and Round 3 loans; full outstanding balances become due only after the latest of June 30, 2030, final FEMA declination, or receipt of FEMA reimbursement, then repaid per a schedule determined by NCDST. Original loan principal amounts and interest‑free status remain in effect.
Document type
AgendaPacket
Source document
Yancey County Board of Commissioners Meeting Agenda Packet 2026-03-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Yancey County?

North Carolina Department of State Treasurer was awarded this financial services contract by Yancey County, as recorded on March 9, 2026. The contract value is $3,680,783.49 (Round 1); $2,428,779.00 (Round 2); $1,920,977.13 (Round 3).

How much is the North Carolina Department of State Treasurer contract with Yancey County worth?

The North Carolina Department of State Treasurer contract with Yancey County is valued at $3,680,783.49 (Round 1); $2,428,779.00 (Round 2); $1,920,977.13 (Round 3), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Yancey County Board of Commissioners Meeting Agenda Packet 2026-03-09 (AgendaPacket), dated March 9, 2026 from Yancey County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Carolina Department of State Treasurer hold?

North Carolina Department of State Treasurer 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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What is Yancey County currently buying?

Explore Yancey County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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