Emporia City Council Minutes Council Planning Advance 2026-04-11
City Plans $8M VDH State Revolving Fund Loan by 2028
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Description
The City of Emporia plans to secure a permanent $8.0 million financing for its Bond Anticipation Note through the Virginia Department of Health's State Revolving Fund Loan, with a maturity deadline of December 1, 2028.
Contract Details
Contract Amount
$8.0 million
Vendor
VIRGINIA DEPARTMENT OF HEALTH - VIRGINIA STATE REVOLVING FUND LOAN
Agency
City of Emporia, VA
Contract Type
FINANCIAL_SERVICES
Document Date
April 11, 2026
Contract Term
Until December 1, 2028 (Bond Anticipation Note matures)
Renewal Date
2028-12-01
Renewal Info
Permanent financing of the BAN must be completed by December 1, 2028. No automatic renewal specified.
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Emporia City Council Minutes Council Planning Advance 2026-04-11
Emporia City Council Minutes Council Planning Advance 2026-04-11
Emporia City Council Minutes Council Planning Advance 2026-04-11
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