CONTRACTAPPROVED

City of Danville Awards $750,000 Loan Contract to Lansing Melbourne Group (June 2025)

City of Danville logoCity of Danville
Disclosed value
$750,000
From agenda
Approved
Jun 10, 2025
Term
7 years

The 30-second brief

What it covers

IDA Approves $750,000 Loan for Lansing Melbourne Group, LLC for redevlopment of real estate. Loan interest rate to be 75% of the Wall Street Journal Prime Rate on Approval date and paid back over 84 months.

Who holds it

Lansing Melbourne Group holds this loan contract with City of Danville. Its other public contracts on record include work for Washington County and City of Nashua.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Loan
Amount
$750,000
Document date
June 10, 2025
Term
7 years
Source document
city-of-danville-industrial-development-authority-meeting-agenda-june-10-2025_225.pdf (Agenda)

Lansing Melbourne Group's other public contracts

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Questions about this contract

Who was awarded the loan contract by City of Danville?

Lansing Melbourne Group was awarded this loan contract by City of Danville, as recorded on June 10, 2025. The contract value is $750,000.

How much is the Lansing Melbourne Group contract with City of Danville worth?

The Lansing Melbourne Group contract with City of Danville is valued at $750,000, 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 city-of-danville-industrial-development-authority-meeting-agenda-june-10-2025_225.pdf (Agenda), dated June 10, 2025 from City of Danville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lansing Melbourne Group hold?

Lansing Melbourne Group 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 City of Danville currently buying?

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

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