Surry County Awards Financial Services Contract to Economic Development Authority of Surry County, Virginia (October 2026)

Surry County approved a Cooperation and Support Agreement with the Economic Development Authority of Surry County for the County YMCA financing. The Authority will issue the $24.3 million bond and receive $413,985.71 in administrative service fees over the financing period.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$24,300,000 original principal amount Bond; $413,985.71 total administrative service fee

Contract type

FINANCIAL_SERVICES

Contract term

Agreement effective October __, 2026 and remains in force until the Bond and all other amounts payable under the Bond Financing Agreement and Lease Documents are paid in full; rental payments scheduled through August 1, 2046

Renewal date

2046-08-01

Renewal

No renewal or extension option stated. The agreement continues until the bond and related financing obligations are paid in full.

Document type

Agreement

Source document

County of Surry Agreement Cooperation and Support Agreement 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Surry County?

Economic Development Authority of Surry County, Virginia was awarded this financial services contract by Surry County, as recorded on October 5, 2026. The contract value is $24,300,000 original principal amount Bond; $413,985.71 total administrative service fee.

How much is the Economic Development Authority of Surry County, Virginia contract with Surry County worth?

The Economic Development Authority of Surry County, Virginia contract with Surry County is valued at $24,300,000 original principal amount Bond; $413,985.71 total administrative service fee, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in County of Surry Agreement Cooperation and Support Agreement 2026-10-05 (Agreement), dated October 5, 2026 from Surry County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Economic Development Authority of Surry County, Virginia hold?

Economic Development Authority of Surry County, Virginia 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 Economic Development Authority of Surry County, Virginia's profile

What is Surry County currently buying?

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

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