CONTRACTPENDING

La Fermiere Inc gets $500,000 deferred loan

Genesee County logoGenesee County
Disclosed value
$500,000
From agenda
Document date
Nov 1, 2022
Term
5 year

The 30-second brief

What it covers

GGLDC approved a deferred loan agreement with La Fermiere Inc for $500,000 to acquire 20 acres at the Ag Park. The loan has a five-year term and will be forgiven ratably at $100,000 per year if certain employment benchmarks are met.

Who holds it

La Fermiere holds this loan contract with Genesee County.

What happens next

Term as filed: 5 year.

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Contract details

Contract type
Loan
Amount
$500,000
Document date
November 1, 2022
Term
5 year
Source document
genesee-county-agenda-2022-11-01_6e5.pdf (Agenda)

La Fermiere's other public contracts

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Questions about this contract

Who was awarded the loan contract by Genesee County?

La Fermiere was awarded this loan contract by Genesee County, as recorded on November 1, 2022. The contract value is $500,000.

How much is the La Fermiere contract with Genesee County worth?

The La Fermiere contract with Genesee County is valued at $500,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in genesee-county-agenda-2022-11-01_6e5.pdf (Agenda), dated November 1, 2022 from Genesee County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does La Fermiere hold?

La Fermiere 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 Genesee County currently buying?

Explore Genesee County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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