FINANCIAL_SERVICESPENDING

VBDA Revenue Bonds Planned for Victoria Place

City Council will consider a resolution authorizing the Virginia Beach Development Authority to issue up to $57 million in revenue bonds to finance the Victoria Place Apartments. The measure enables project financing but leaves detailed bond terms to the final bond documents.

Status
PENDING
Document date
August 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Beach Development Authority (vbda)
Agency
City of Virginia Beach · VA

Trusted by teams at

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
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
Not to exceed $57,000,000
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
City of Virginia Beach City Council AgendaPacket August 11, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Virginia Beach?

Virginia Beach Development Authority (vbda) was awarded this financial services contract by City of Virginia Beach, as recorded on August 11, 2026. The contract value is Not to exceed $57,000,000.

How much is the Virginia Beach Development Authority (vbda) contract with City of Virginia Beach worth?

The Virginia Beach Development Authority (vbda) contract with City of Virginia Beach is valued at Not to exceed $57,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Virginia Beach City Council AgendaPacket August 11, 2026 (AgendaPacket), dated August 11, 2026 from City of Virginia Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Beach Development Authority (vbda) hold?

Virginia Beach Development Authority (vbda) 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 Virginia Beach Development Authority (vbda)'s profile

What is City of Virginia Beach currently buying?

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

View City of Virginia Beach's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free