CONTRACTPENDING

CRA Weighs Subordination To Live Oak Bank

City of Margate logoCity of Margate
Document date
Feb 16, 2023

The 30-second brief

What it covers

Live Oak Bank is identified as the lender to whom the Margate CRA may subordinate its property interest related to Culver’s of Margate, LLC. The contemplated action would facilitate bank financing by changing lien priority.

Who holds it

Live Oak Bank holds this financial services contract with City of Margate. Its other public contracts on record include work for Wilmington Airport Authority and New Hanover County.

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Contract details

Contract type
Financial Services
Document date
February 16, 2023
Source document
Margate Community Redevelopment Agency Agenda 2023-02-16 (Agenda)

Live Oak Bank's other public contracts

More City of Margate contracts

Questions about this contract

Who was awarded the financial services contract by City of Margate?

Live Oak Bank was awarded this financial services contract by City of Margate, as recorded on February 16, 2023.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Margate Community Redevelopment Agency Agenda 2023-02-16 (Agenda), dated February 16, 2023 from City of Margate. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Live Oak Bank hold?

Live Oak Bank 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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What is City of Margate currently buying?

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