alleghany_county_board_of_commissioners_minutes_se.pdf
County Explores $1.3M USDA Transfer Station Financing
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Description
Alleghany County discussed entering a USDA-supported Rural Economic Development Loan and Grant Program financing agreement through Blue Ridge Energy for up to $1.3 million at 0% interest over 10 years to expand and improve the County transfer station. The action is currently at the public hearing and intent stage.
Contract Details
Contract Amount
Principal amount not to exceed $1,300,000.00; interest rate 0%
Vendor
BLUE RIDGE ENERGY
Agency
Alleghany County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
September 15, 2025
Contract Term
10-year term (installment financing agreement)
Renewal Info
Single 10-year installment financing; no renewal terms mentioned.
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