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AECI Plans Up to $61 Million Build NYC Financing

Aeci Ii: Nyc Charter Hs
Disclosed value
Maximum principal amount of $61,000,000.00
From minutes
Document date
Aug 12, 2025

The 30-second brief

What it covers

AECI Charter School Network approved an intent-to-reimburse resolution tied to a planned financing of up to $61 million through Build NYC Resource Corporation. The future tax-exempt and taxable borrowing would finance the acquisition and development of the network's 2970 Third Avenue facility and related equipment.

Who holds it

Build Nyc Resource Corporation holds this financial services contract with Aeci Ii: Nyc Charter Hs. Its other public contracts on record include work for NYC-Economic Development Corporation and Equality Charter School.

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Contract details

Contract type
Financial Services
Amount
Maximum principal amount of $61,000,000.00
Document date
August 12, 2025
Vendor
Build Nyc Resource Corporation
Agency
Aeci Ii: Nyc Charter Hs
Source document
AECI Charter School Network Minutes Annual Meeting of the Board 2025-08-12 (Minutes)

Build Nyc Resource Corporation's other public contracts

NYC-Economic Development Corporation, New YorkBuild NYC Approves FY2027 Administrative Services Contract · Jun 16, 2026NYC-Economic Development Corporation, New YorkBuild NYC administrative services contract for FY2027 · Jun 16, 2026Equality Charter School, New YorkBond Issuer Approved: Build NYC Resource Corporation for ECS Project · May 18, 2026UndisclosedSouth Bronx Classical Charter School, New YorkBuild NYC Resource Corp to Issue $41.6M Charter School Bonds · Jan 14, 2026South Bronx Classical Charter School, New York$41.6 Million Bond Issuance Approved for SBC V Project · Jan 14, 2026All Build Nyc Resource Corporation contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Aeci Ii: Nyc Charter Hs?

Build Nyc Resource Corporation was awarded this financial services contract by Aeci Ii: Nyc Charter Hs, as recorded on August 12, 2025. The contract value is Maximum principal amount of $61,000,000.00.

How much is the Build Nyc Resource Corporation contract with Aeci Ii: Nyc Charter Hs worth?

The Build Nyc Resource Corporation contract with Aeci Ii: Nyc Charter Hs is valued at Maximum principal amount of $61,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in AECI Charter School Network Minutes Annual Meeting of the Board 2025-08-12 (Minutes), dated August 12, 2025 from Aeci Ii: Nyc Charter Hs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Build Nyc Resource Corporation hold?

Build Nyc Resource Corporation 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 Aeci Ii: Nyc Charter Hs currently buying?

Explore Aeci Ii: Nyc Charter Hs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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