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VCDP Loan for Stonecrop Meadows Project

Town of Middlebury logoTown of Middlebury
Disclosed value
$1.25M
From agenda
Document date
Nov 6, 2024

The 30-second brief

What it covers

Town counsel is reviewing the full package of loan documents for the $1.25M VCDP loan for Stonecrop Meadows Housing Development Project. Selectboard authorization is needed for the Interim Town Manager to execute those documents.

Who holds it

Summit Properties holds this loan contract with Town of Middlebury. Its other public contracts on record include work for DeKalb County and City of Marion.

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Contract details

Contract type
Loan
Amount
$1.25M
Document date
November 6, 2024
Term
NA
Vendor
Summit Properties
Agency
Town of Middlebury
Source document
town-of-middlebury-special-selectboard-meeting-agenda-notes-11-6-2024_ba3.pdf (Agenda)

Summit Properties's other public contracts

DeKalb County, GeorgiaSummit Properties contract term extended to April 30, 2026 · Dec 16, 2025UndisclosedCity of Marion, IowaKFC Central Corridor improvements endorsed by commission · Oct 14, 2025UndisclosedCity of South Burlington, VermontSummit at O’Brien Farm Receives ARPA Housing Grant · Jul 9, 2025UndisclosedTown of Middlebury, MichiganStonecrop Housing Development, Summit Properties agreement amendment. · May 27, 2025UndisclosedTown of Middlebury, VermontSecond Amendment to Summit Properties Development Agreement · May 27, 2025UndisclosedAll Summit Properties contractsVendor profile

More Town of Middlebury contracts

Addison County Economic Development Corporation (Acedc)Middlebury Considers Funding for ACEDC Master Plan · Sep 19, 2026UndisclosedDevelopmental Disability Housing Initiative of Addison County (Ddhiac)DDHIAC Advances Stonecrop Meadows Housing Project · Sep 19, 2026UndisclosedCase Street Redi-mix IncCase Street Redi-Mix Recommended for Sidewalk Work · Sep 19, 2026$125.3KCHARLEBOISCharlebois Recommended for Class 8 Truck Chassis · Sep 19, 2026$183.4KNeagley & ChaseNeagley & Chase Recommended for Wastewater Upgrade · Sep 19, 2026$3.3MAll Town of Middlebury activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Middlebury?

Summit Properties was awarded this loan contract by Town of Middlebury, as recorded on November 6, 2024. The contract value is $1.25M.

How much is the Summit Properties contract with Town of Middlebury worth?

The Summit Properties contract with Town of Middlebury is valued at $1.25M, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-middlebury-special-selectboard-meeting-agenda-notes-11-6-2024_ba3.pdf (Agenda), dated November 6, 2024 from Town of Middlebury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Summit Properties hold?

Summit Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Middlebury currently buying?

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

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