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gibson-county-meeting-minutes-2022-06-14_bbb.pdf

United Fidelity to provide $400K bridge loan

$400,000Gibson CountyUNITED FIDELITYJune 14, 2022

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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

Ft. Branch Library awarded a $3.7 million project from TIF money thru the Redevelopment Commissioner. The RDC will make a $400,000 payment this year, thus, they are seeking a bridge loan from United Fidelity to move forward with the project.

Contract Details

Contract Amount

$400,000

Vendor

UNITED FIDELITY

Agency

Gibson County, IN

Contract Type

Loan

Document Date

June 14, 2022

Contract Term

NA

Renewal Date

NA

Renewal Info

NA

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