Charlotte County Awards Financial Services Contract to Virginia Resources Authority (April 2026)

Charlotte County approved a refinancing resolution authorizing a new Financing Lease with the Virginia Resources Authority to refinance its 2015 courthouse lease obligations through the VRA spring pooled bond program. The transaction must generate at least 4% net present value savings and $800,000 in gross savings with reduced annual payments and no term extension beyond the existing lease.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Authorization to refinance 2015 courthouse lease through VRA spring bond pool, authorization valid until June 30, 2027

Renewal date

2027-06-30

Renewal

Refinances and amends the 2015 Local Lease Acquisition Agreement and Financing Lease with VRA; authorization to enter the new Financing Lease expires June 30, 2027. Future refinancings would require new Board action.

Document type

Minutes

Source document

Charlotte County Board of Supervisors Meeting Minutes April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Charlotte County?

Virginia Resources Authority was awarded this financial services contract by Charlotte County, as recorded on April 8, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Charlotte County Board of Supervisors Meeting Minutes April 2026 (Minutes), dated April 8, 2026 from Charlotte County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Resources Authority hold?

Virginia Resources 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 Virginia Resources Authority's profile

What is Charlotte County currently buying?

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Charlotte County Awards Financial Services Contract to Virginia Resources Authority (April 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Charlotte County?

What type of contract is this?

Where was this contract approved?

What other contracts does Virginia Resources Authority hold?

What is Charlotte County currently buying?

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