FINANCIAL_SERVICESAPPROVED

Town of Beech Mountain Awards $550,000 Financial Services Contract to Truist Bank (July 2023)

The Town of Beech Mountain approved an Installment Financing Agreement with Truist Bank for $550,000 to finance part of the Town Hall and Visitor Center addition and renovation project. This borrowing is combined with TDA grant funds and General Fund dollars to complete the $1.9 million capital project.

Document date · July 1, 2023

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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
$550,000
Contract type
FINANCIAL_SERVICES
Renewal
Single-installment financing for a specific capital project; no renewal terms noted in the ordinance text provided.
Document type
Budget
Source document
Town of Beech Mountain Annual Budget 2023-2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Beech Mountain?

Truist Bank was awarded this financial services contract by Town of Beech Mountain, as recorded on July 1, 2023. The contract value is $550,000.

How much is the Truist Bank contract with Town of Beech Mountain worth?

The Truist Bank contract with Town of Beech Mountain is valued at $550,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Beech Mountain Annual Budget 2023-2024 (Budget), dated July 1, 2023 from Town of Beech Mountain. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Bank hold?

Truist Bank 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 Truist Bank's profile

What is Town of Beech Mountain currently buying?

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