FINANCIAL_SERVICESAPPROVED

City of Blue Ash Awards Financial Services Contract to Petros Pace Finance Titling Trust (August 2021)

Blue Ash Council approved a cooperative agreement with PETROS PACE FINANCE TITLING TRUST to finance $6.77 million in energy efficiency improvements for a 40-bed rehabilitation facility at the Neighborhoods at Summit Park. The funding will be repaid over 25 years through special property tax assessments under the Suburban Communities ESID.

Document date · August 12, 2021

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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
$6.77M PACE loan (project financing)
Contract type
FINANCIAL_SERVICES
Contract term
25 years PACE assessment repayment period
Renewal date
2046-12-31
Renewal
PACE loan term is fixed at 25 years; no renewal provisions are noted. The City has no liability beyond levying and remitting assessments.
Document type
Minutes
Source document
Blue Ash City Council Meeting Minutes August 12 2021

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Blue Ash?

Petros Pace Finance Titling Trust was awarded this financial services contract by City of Blue Ash, as recorded on August 12, 2021. The contract value is $6.77M PACE loan (project financing).

How much is the Petros Pace Finance Titling Trust contract with City of Blue Ash worth?

The Petros Pace Finance Titling Trust contract with City of Blue Ash is valued at $6.77M PACE loan (project financing), 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 Blue Ash City Council Meeting Minutes August 12 2021 (Minutes), dated August 12, 2021 from City of Blue Ash. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Petros Pace Finance Titling Trust hold?

Petros Pace Finance Titling Trust 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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