FINANCIAL_SERVICESPENDING

County Considers Approval of Berkeley Bond Financing

Burke County is considering approval of the Public Finance Authority's issuance of tax-exempt retirement facilities revenue bonds. The financing would support acquisition of The Berkeley in Morganton, with up to $25 million allocated to the project from a portfolio-wide maximum of $115 million, without creating County debt or repayment obligations.

Document date · October 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Aggregate principal amount not to exceed $115,000,000; not more than $25,000,000 allocated to The Berkeley
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
Burke County AgendaPacket Pre-Agenda Meeting 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Burke County?

Public Finance Authority was awarded this financial services contract by Burke County, as recorded on October 5, 2026. The contract value is Aggregate principal amount not to exceed $115,000,000; not more than $25,000,000 allocated to The Berkeley.

How much is the Public Finance Authority contract with Burke County worth?

The Public Finance Authority contract with Burke County is valued at Aggregate principal amount not to exceed $115,000,000; not more than $25,000,000 allocated to The Berkeley, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Burke County AgendaPacket Pre-Agenda Meeting 2026-10-05 (AgendaPacket), dated October 5, 2026 from Burke County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Finance Authority hold?

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

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