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City Confirms Payment On Loans To Local Bank

City of Norton
Disclosed value
$132,829.58
From agendapacket
Document date
Aug 31, 2026

The 30-second brief

What it covers

Norton City Council confirmed issuance of a $132,829.58 check to Powell Valley National Bank for tax-exempt loans. The payment supports ongoing debt obligations held with the bank.

Who holds it

Powell Valley National Bank holds this financial services contract with City of Norton.

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Contract details

Contract type
Financial Services
Amount
$132,829.58
Document date
August 31, 2026
Vendor
Powell Valley National Bank
Agency
City of Norton
Source document
City of Norton City Council Meeting Packet 2026-09-01 (AgendaPacket)

Powell Valley National Bank's other public contracts

City of Norton, VirginiaNorton Confirms Tax-Exempt Loan Payment to Powell Valley · Aug 18, 2026$132.8KCity of Norton, VirginiaDebt Service Payment Approved to Powell Valley Bank · May 19, 2026$131.2KCity of Norton, VirginiaDebt Service Payment to Powell Valley National Bank Ratified · May 5, 2026$131.2KAll Powell Valley National Bank contractsVendor profile

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Questions about this contract

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

Powell Valley National Bank was awarded this financial services contract by City of Norton, as recorded on August 31, 2026. The contract value is $132,829.58.

How much is the Powell Valley National Bank contract with City of Norton worth?

The Powell Valley National Bank contract with City of Norton is valued at $132,829.58, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Norton City Council Meeting Packet 2026-09-01 (AgendaPacket), dated August 31, 2026 from City of Norton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Powell Valley National Bank hold?

Powell Valley National 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.

What is City of Norton currently buying?

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

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