Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Board Approves $32.8M Bank Loan for Water & Sewer
Trusted by teams at
Description
The Board of Supervisors approved proceeding with a Direct Bank Loan from Atlantic Union Bank for up to $32.8 million at an initial rate of 5.22%. The loan will finance the purchase and upgrade of Massanutten community water and wastewater systems.
Contract Details
Contract Amount
up to $32.8 million
Vendor
ATLANTIC UNION BANK
Agency
Rockingham County, VA
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Renewal Info
Standard municipal bank loan; renewal/extension subject to future board action or refinancing at reset periods. Interest rate subject to adjustment after initial period.
More from ATLANTIC UNION BANK
Related Contracts
Prince George County Agenda Board of Supervisors Regular Meeting 2026-05-26
RECOMMENDEDPittsylvania County Industrial Development Authority Agenda April 2026
APPROVEDGeorge Mason University Finance and Land Use Committee Meeting April 2026
AMENDEDGeorge Mason University Board of Visitors Minutes April 2026
APPROVEDGeorge Mason University Board of Visitors Finance and Land Use Committee Meeting Agenda April 2026
AMENDEDMore from Rockingham County
Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Rockingham County Board of Supervisors Agenda Packet 2026-05-27
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.