Banner Elk Approves $125,000 Annexation Payment
Town of Banner ElkCity · NC- Disclosed value
- $125,000
- From minutes
- Approved
- Jul 13, 2026
The 30-second brief
Banner Elk Town Council approved accepting a $125,000 payment from Banner Lowe 1, LLC in lieu of a well site required under an annexation agreement. The funds will be restricted to the town’s water and sewer fund.
Banner Lowe 1 LLC holds this contract with Town of Banner Elk.
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Contract details
- Amount
- $125,000
- Document date
- July 13, 2026
- Vendor
- Banner Lowe 1 LLC
- Agency
- Town of Banner Elk
- Source document
- Banner Elk Town Council Minutes July 13, 2026 (Minutes)
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Questions about this contract
Who was awarded the government contract by Town of Banner Elk?
Banner Lowe 1 LLC was awarded this government contract by Town of Banner Elk, as recorded on July 13, 2026. The contract value is $125,000.
How much is the Banner Lowe 1 LLC contract with Town of Banner Elk worth?
The Banner Lowe 1 LLC contract with Town of Banner Elk is valued at $125,000.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Banner Elk Town Council Minutes July 13, 2026 (Minutes), dated July 13, 2026 from Town of Banner Elk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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