FINANCIAL_SERVICESAPPROVED

Dutchess County Awards Financial Services Contract to Dutchess County Industrial Development Agency (July 2019)

Dutchess County Industrial Development Agency’s Series 2005 Civic Facility Revenue Bonds for Vassar Brothers Medical Center will be refinanced using proceeds from Dutchess County LDC’s Nuvance Health Series 2019B revenue bonds. The outstanding $13.2 million IDA debt will be refunded under the new financing structure.

Document date · July 17, 2019

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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
Up to $90,000,000 (portion used to refinance its Series 2005 bonds currently outstanding $13,200,000)
Contract type
FINANCIAL_SERVICES
Contract term
Existing Series 2005 STARSSM bonds to be refinanced; new bond terms set in 2019B Indenture
Renewal
The existing Series 2005 bonds are being refunded by the new Series 2019B bonds, effectively terminating the prior obligation and replacing it with new debt that has its own term and redemption provisions.
Document type
Resolution
Source document
dutchess_county_ldc_bond_resolution_nuvance_health.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Dutchess County?

Dutchess County Industrial Development Agency was awarded this financial services contract by Dutchess County, as recorded on July 17, 2019. The contract value is Up to $90,000,000 (portion used to refinance its Series 2005 bonds currently outstanding $13,200,000).

How much is the Dutchess County Industrial Development Agency contract with Dutchess County worth?

The Dutchess County Industrial Development Agency contract with Dutchess County is valued at Up to $90,000,000 (portion used to refinance its Series 2005 bonds currently outstanding $13,200,000), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in dutchess_county_ldc_bond_resolution_nuvance_health.pdf (Resolution), dated July 17, 2019 from Dutchess County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Dutchess County Industrial Development Agency hold?

Dutchess County Industrial Development Agency 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 Dutchess County Industrial Development Agency's profile

What is Dutchess County currently buying?

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

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