Palmyra Reimbursement Agreement Covers Virtus Utility Advance
- Disclosed value
- $113,184.20
- From agreement
- Approved
- Sep 16, 2026
The 30-second brief
The Village of Palmyra entered into a utility payment reimbursement agreement with Virtus Development, Inc. for a $113,184.20 advance related to the Westfield Development project. Virtus must reimburse the Village within 30 days after the Village makes the utility payment, subject to a 25% late charge for delinquency.
Virtus Development Inc holds this contract with Palmyra village.
Term as filed: Reimbursement due within thirty (30) calendar days after the Village makes payment to WE Energies.
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Contract details
- Amount
- $113,184.20
- Document date
- September 16, 2026
- Term
- Reimbursement due within thirty (30) calendar days after the Village makes payment to WE Energies
- Vendor
- Virtus Development Inc
- Agency
- Palmyra village
- Source document
- Village of Palmyra Agreement Utility Payment Reimbursement Agreement 2026-09-16 (Agreement)
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Questions about this contract
Who was awarded the government contract by Palmyra village?
Virtus Development Inc was awarded this government contract by Palmyra village, as recorded on September 16, 2026. The contract value is $113,184.20.
How much is the Virtus Development Inc contract with Palmyra village worth?
The Virtus Development Inc contract with Palmyra village is valued at $113,184.20.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Village of Palmyra Agreement Utility Payment Reimbursement Agreement 2026-09-16 (Agreement), dated September 16, 2026 from Palmyra village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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