County Authorizes Refinancing of 2016 School Financing | Cabarrus County | CABARRUS COUNTY DEVELOPMENT CORPORATION

Scope & details

The full contract record, as filed.

Contract amount

$73,785,000 Limited Obligation Bonds, Series 2016

Contract type

FINANCIAL_SERVICES

Contract term

Installment Financing Contract dated March 1, 2016; refinancing authorized in 2026, with related bonds maturing no later than December 31, 2036

Renewal date

2026-04-01

Renewal

Existing 2016 financing obligations may be prepaid and refinanced under Resolution No. 2026-07; new bonds may mature no later than December 31, 2036.

Document type

Minutes

Source document

Cabarrus County Minutes Work Session 2026-03-02

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Cabarrus County AgendaPacket Regular Meeting 2026-08-17

ONGOING

Cabarrus County, North Carolina$73,785,000 Series 2016 Limited Obligation BondsAug 17, 2026

Cabarrus County Minutes Regular Meeting 2026-02-17

ONGOING

Cabarrus County, North CarolinaAggregate principal amount not to exceed $37,000,000 for proposed refinancingFeb 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cabarrus County?

Cabarrus County Development Corporation was awarded this financial services contract by Cabarrus County, as recorded on March 2, 2026. The contract value is $73,785,000 Limited Obligation Bonds, Series 2016.

How much is the Cabarrus County Development Corporation contract with Cabarrus County worth?

The Cabarrus County Development Corporation contract with Cabarrus County is valued at $73,785,000 Limited Obligation Bonds, Series 2016, 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 Cabarrus County Minutes Work Session 2026-03-02 (Minutes), dated March 2, 2026 from Cabarrus County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cabarrus County Development Corporation hold?

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