CONTRACTAPPROVED

Nelson County Awards Financial Services Contract to Luxco Inc (August 2021)

Nelson County logoNelson County
Disclosed value
Not to exceed $11,000,000
From meeting minutes
Approved
Aug 3, 2021
Term
30 years

The 30-second brief

What it covers

Nelson County Fiscal Court approved a Memorandum of Agreement with Luxco, Inc. to issue up to $11 million in industrial building revenue bonds over a 30‑year term to finance distillery warehouses and related equipment at Lux Row. Luxco will lease the facilities and make rental payments sufficient to retire the bonds.

Who holds it

Luxco Inc holds this financial services contract with Nelson County. Its other public contracts on record include work for Pennsylvania Liquor Control Board | Commonwealth of Pennsylvania and PA-State-Pennsylvania Liquor Control Board.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $11,000,000
Document date
August 3, 2021
Term
30 years
Vendor
Luxco Inc
Source document
nelson-county-meeting-minutes-2021-08-03_17c.pdf (Meeting Minutes)

Luxco Inc's other public contracts

More Nelson County contracts

Questions about this contract

Who was awarded the financial services contract by Nelson County?

Luxco Inc was awarded this financial services contract by Nelson County, as recorded on August 3, 2021. The contract value is Not to exceed $11,000,000.

How much is the Luxco Inc contract with Nelson County worth?

The Luxco Inc contract with Nelson County is valued at Not to exceed $11,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in nelson-county-meeting-minutes-2021-08-03_17c.pdf (Meeting Minutes), dated August 3, 2021 from Nelson County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Luxco Inc hold?

Luxco Inc 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 Nelson County currently buying?

Explore Nelson County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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