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City of Danville Awards $750,000 Loan Contract to Lansing Melbourne Group (June 2025)

City of Danville logoCity of Danville
Disclosed value
$750,000
From resolution
Approved
Jun 10, 2025
Term
84 months

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What it covers

Industrial Development Authority of Danville approves a loan of $750,000 to Lansing Melbourne Group, LLC, at an interest rate of 75% of the Wall Street Journal Prime Rate. The loan will be repaid over 84 months, with interest-only payments for the first 24 months.

Who holds it

Lansing Melbourne Group holds this loan contract with City of Danville. Its other public contracts on record include work for Washington County and City of Nashua.

What happens next

Term as filed: 84 months.

Contract details

Contract type
Loan
Amount
$750,000
Document date
June 10, 2025
Term
84 months
Vendor
Lansing Melbourne Group
Agency
City of Danville
Source document
city-of-danville-industrial-development-authority-loan-resolution-2025_195.pdf (Resolution)

Lansing Melbourne Group's other public contracts

Washington County, TennesseeTIF Support Sought For John Sevier Hotel Redevelopment · Aug 13, 2026City of Nashua, New HampshireBIDA Backs Amended NIMCO Deal with Lansing Melbourne Group · Jul 8, 2026City of Nashua, New HampshireBIDA Launches Negotiations with Lansing Melbourne Group for Millyard · Jul 8, 2026Town of Derry, New HampshireTown Advances Abbott Court Deal With LMG · May 5, 2026UndisclosedCity of Nashua, New HampshireBIDA Selects Lansing Melbourne Group as Preferred Developer · Apr 8, 2026UndisclosedAll Lansing Melbourne Group contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by City of Danville?

Lansing Melbourne Group was awarded this loan contract by City of Danville, as recorded on June 10, 2025. The contract value is $750,000.

How much is the Lansing Melbourne Group contract with City of Danville worth?

The Lansing Melbourne Group contract with City of Danville is valued at $750,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-danville-industrial-development-authority-loan-resolution-2025_195.pdf (Resolution), dated June 10, 2025 from City of Danville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lansing Melbourne Group hold?

Lansing Melbourne Group 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 City of Danville currently buying?

Explore City of Danville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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