Wayne County Board of Commissioners Agenda Packet 2026-05-19
County amends NCRR Invests rail project agreement
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Description
The Wayne County Board of Commissioners is asked to approve a First Amendment with the North Carolina Railroad Company adjusting the $300,000 NCRR Invests contribution for construction of a rail yard and spur at the Team Foods USA facility. The amendment converts the original reimbursement structure into a credit against construction contract fees and updates repayment and notice terms.
Contract Details
Contract Amount
$300,000
Vendor
NORTH CAROLINA RAILROAD COMPANY
Agency
Town of Eureka, NC
Contract Type
CONSTRUCTION
Document Date
May 19, 2026
Renewal Info
First Amendment to Definitive Project Investment Agreement; NCRR Investment now applied as a credit against fees due under the Construction Contract and subject to revised repayment provisions.
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