FINANCIAL_SERVICESPENDING

Rockbridge Considers VPSA School Bond Financing

Rockbridge County is considering a bond sale to VPSA for up to $17.07 million in proceeds, within an $18 million authorization. The proposed financing would support construction and equipping of a School Division recreation center and potentially tennis courts, with an alternate proposal reducing borrowing to $10.75 million.

Document date · September 14, 2026

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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
Bond authorization not to exceed $18,000,000; proceeds requested from VPSA up to $17,070,350; true interest cost not to exceed 5.5% per annum; bond may not be sold for less than 95% of the requested amount
Contract type
FINANCIAL_SERVICES
Document type
StaffReport
Source document
Rockbridge County StaffReport Public Hearing - VPSA School Bond for Proposed School Division Recreation Center 2026-09-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rockbridge County?

VPSA was awarded this financial services contract by Rockbridge County, as recorded on September 14, 2026. The contract value is Bond authorization not to exceed $18,000,000; proceeds requested from VPSA up to $17,070,350; true interest cost not to exceed 5.5% per annum; bond may not be sold for less than 95% of the requested amount.

How much is the VPSA contract with Rockbridge County worth?

The VPSA contract with Rockbridge County is valued at Bond authorization not to exceed $18,000,000; proceeds requested from VPSA up to $17,070,350; true interest cost not to exceed 5.5% per annum; bond may not be sold for less than 95% of the requested amount, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rockbridge County StaffReport Public Hearing - VPSA School Bond for Proposed School Division Recreation Center 2026-09-14 (StaffReport), dated September 14, 2026 from Rockbridge County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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