FINANCIAL_SERVICESRECOMMENDED

Portabello’s Loan Refinancing Recommended for Approval

Borough staff requests approval of a modified Revolving Loan Fund agreement with Chef Brett’s, LLC d/b/a Portabello’s. The refinancing would cover a $125,574.73 balloon payment through an initial payment and monthly installments at 3.0% interest.

Document date · September 3, 2026

Track Kennett Area Park Authority contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Kennett Area Park Authority.

Get started free

Create a free account · no credit card

Trusted by teams at

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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$125,574.73 balloon payment; initial payment of $5,110.00; 50 monthly payments of $2,600.00; final payment of $1,038.18
Contract type
FINANCIAL_SERVICES
Contract term
September 1, 2026 through November 1, 2030
Renewal date
2030-11-01
Renewal
This is a modification/refinancing of an existing loan, not a new procurement. Proposed repayment structure includes a $5,110.00 initial payment, 50 monthly payments of $2,600.00, and a final $1,038.18 payment, with 3.0% interest.
Document type
StaffReport
Source document
Borough of Kennett Square StaffReport Modification of existing loan under the Borough's Revolving Loan Fund program 2026-09-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Kennett Area Park Authority?

Chef Brett’s Llc Dba Portabello’s was awarded this financial services contract by Kennett Area Park Authority, as recorded on September 3, 2026. The contract value is $125,574.73 balloon payment; initial payment of $5,110.00; 50 monthly payments of $2,600.00; final payment of $1,038.18.

How much is the Chef Brett’s Llc Dba Portabello’s contract with Kennett Area Park Authority worth?

The Chef Brett’s Llc Dba Portabello’s contract with Kennett Area Park Authority is valued at $125,574.73 balloon payment; initial payment of $5,110.00; 50 monthly payments of $2,600.00; final payment of $1,038.18, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Borough of Kennett Square StaffReport Modification of existing loan under the Borough's Revolving Loan Fund program 2026-09-03 (StaffReport), dated September 3, 2026 from Kennett Area Park Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chef Brett’s Llc Dba Portabello’s hold?

Chef Brett’s Llc Dba Portabello’s may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Chef Brett’s Llc Dba Portabello’s's profile

What is Kennett Area Park Authority currently buying?

Explore Kennett Area Park Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Kennett Area Park Authority's profile