FINANCIAL_SERVICESAMENDED

GTIB Loan Spend-Down Period Extended One Year

The City of Woodstock and the Georgia Transportation Infrastructure Bank, through SRTA, will amend their loan agreement for the Hub Transformation Key Extension project. The amendment extends the loan spend-down expiration to August 24, 2027, maintaining the original $1.5 million, 10-year, 2.66% loan terms.

Status
AMENDED
Document date
August 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority
Agency
City of Woodstock · GA

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
$1,500,000 loan; 10-year term at 2.66% interest; 1% closing fee (per 2023 resolution)
Contract type
FINANCIAL_SERVICES
Contract term
Loan spend-down expiration extended to August 24, 2027; overall loan term 10 years at 2.66% interest
Renewal date
2027-08-24
Renewal
First amendment extends the loan Agreement’s project spend-down expiration date by one year from August 24, 2026 to August 24, 2027; all other loan terms and repayment conditions remain unchanged.
Document type
AgendaPacket
Source document
City of Woodstock Agenda Packet 2026-08-24

Related contracts

Other contracts from Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority was awarded this financial services contract by City of Woodstock, as recorded on August 24, 2026. The contract value is $1,500,000 loan; 10-year term at 2.66% interest; 1% closing fee (per 2023 resolution).

How much is the Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority contract with City of Woodstock worth?

The Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority contract with City of Woodstock is valued at $1,500,000 loan; 10-year term at 2.66% interest; 1% closing fee (per 2023 resolution), 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 Woodstock Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Woodstock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority hold?

Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority 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 Georgia Transportation Infrastructure Bank by & Through the State Road & Tollway Authority's profile

What is City of Woodstock currently buying?

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

View City of Woodstock's profile

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

B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free