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Town of Burnsville Awards $3,000,000 Loan Contract to Town of Burnsville (November 2024)

Town of Burnsville
Disclosed value
$3,000,000
From meeting minutes
Approved
Nov 22, 2024
Term
Until June 30, 2030

The 30-second brief

What it covers

Town of Burnsville secures $3 million emergency bridge loan from NC Department of Environmental Quality to address Hurricane Helene's damage to water and sewer systems. Loan is repayable by June 30, 2030, or upon receipt of federal disaster relief, with disbursements available until October 31, 2028.

Who holds it

Town of Burnsville holds this loan contract with Town of Burnsville.

What happens next

Term as filed: Until June 30, 2030.

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Contract details

Contract type
Loan
Amount
$3,000,000
Document date
November 22, 2024
Term
Until June 30, 2030
Vendor
Town of Burnsville
Agency
Town of Burnsville
Source document
town-of-burnsville-meeting-minutes-2024-11-22_ad4.pdf (Meeting Minutes)

Town of Burnsville's other public contracts

Town of Burnsville, West VirginiaBurnsville gets $4.28M loan for hurricane repairs · Apr 14, 2025$4.3MTown of Burnsville, North CarolinaBurnsville Receives $3.2M Loan for Water Infrastructure · Jan 2, 2025$3.2MTown of Burnsville, North Carolinatown-of-burnsville-agenda-2024-12-05_044.pdf · Dec 5, 2024UndisclosedTown of Burnsville, North CarolinaBurnsville Receives $3M Loan for Infrastructure Repair · Nov 22, 2024$3MTown of Burnsville, West VirginiaBurnsville Receives $3M Loan for Hurricane Damage Repair · Nov 22, 2024$3MAll Town of Burnsville contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Town of Burnsville?

Town of Burnsville was awarded this loan contract by Town of Burnsville, as recorded on November 22, 2024. The contract value is $3,000,000.

How much is the Town of Burnsville contract with Town of Burnsville worth?

The Town of Burnsville contract with Town of Burnsville is valued at $3,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-burnsville-meeting-minutes-2024-11-22_ad4.pdf (Meeting Minutes), dated November 22, 2024 from Town of Burnsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Town of Burnsville hold?

Town of Burnsville 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 Town of Burnsville currently buying?

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

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