appalachian-state-university-meeting-minutes-2022-09-16_f7b.pdf
New River Light and Power $7M Loan Approved
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Description
Resolution requesting authority for a $7M loan by New River Light and Power Company to bridge cash flow due to rising electricity costs and consumer rate increase.
Contract Details
Contract Amount
$7,000,000
Vendor
NEW RIVER LIGHT & POWER
Agency
Appalachian State University, NC
Contract Type
Loan
Document Date
September 16, 2022
Contract Term
12 years
Renewal Date
NA
Renewal Info
NA
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