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FINANCIAL_SERVICESAMENDED

Roanoke County Board of Supervisors Agenda Packet September 2024

County Amends VRA Lease for Parks Facility Purchase

Up to $4,775,000 (from 2022B Fall Lease Financing proceeds)Roanoke CountyVIRGINIA RESOURCE AUTHORITYSeptember 10, 2024

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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

Description

Roanoke County approved an amendment with Virginia Resource Authority to reallocate up to $4,775,000 from prior lease financing toward property acquisition and renovation for Parks, Recreation, and Tourism, instead of new construction. Board ratified all related lease/amendment documentation.

Contract Details

Contract Amount

Up to $4,775,000 (from 2022B Fall Lease Financing proceeds)

Vendor

VIRGINIA RESOURCE AUTHORITY

Agency

Roanoke County, VA

Contract Type

FINANCIAL_SERVICES

Document Date

September 10, 2024

Contract Term

Lease financing (2022B): amendment as of September 2024

Renewal Date

2024-09-10

Renewal Info

This is an amendment to the 2022 lease financing; reflects new scope and use of funds for project.

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