FACILITIESAPPROVED

City of North Vernon Awards $530,000 Facilities Contract to Nv Airport (July 2026)

The North Vernon Redevelopment Commission approved purchasing a hangar from NV Airport for $530,000.00, with half of the cost to be repaid over time from airport-generated revenue. The action supports airport facilities and infrastructure improvements.

Status
APPROVED
Document date
July 20, 2026
Contract type
FACILITIES
Vendor
Nv Airport
Agency
City of North Vernon · IN

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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
$530,000.00
Contract type
FACILITIES
Contract term
50% of purchase price to be repaid over time from airport revenue
Renewal
One-time purchase of hangar; repayment terms structured so that 50% of the purchase price is reimbursed to the Commission over time from airport revenues. No explicit renewal or extension options mentioned.
Document type
Minutes
Source document
City of North Vernon Minutes Joint Meeting with North Vernon Common Council 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of North Vernon?

Nv Airport was awarded this facilities contract by City of North Vernon, as recorded on July 20, 2026. The contract value is $530,000.00.

How much is the Nv Airport contract with City of North Vernon worth?

The Nv Airport contract with City of North Vernon is valued at $530,000.00, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of North Vernon Minutes Joint Meeting with North Vernon Common Council 2026-07-20 (Minutes), dated July 20, 2026 from City of North Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nv Airport hold?

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

View Nv Airport's profile

What is City of North Vernon currently buying?

Explore City of North Vernon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of North Vernon's profile

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