$10 Million Revolving Credit for Project Safety Approved
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Description
The Board approved a credit agreement with Ameris Bank for a $10,000,000 revolving credit note to finance the county’s development of Project Safety. The resolution covenants non-ad valorem revenues and pledges lease revenues to repay the note and includes a budget amendment.
Contract Details
Contract Amount
Authorized amount of $10,000,000
Vendor
AMERIS BANK
Agency
Wakulla County, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Renewal Info
Revolving credit note authorized up to $10,000,000; specific maturity or renewal terms are not stated in the minutes.
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