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Town of Burnsville Awards $1,433,012 Financial Services Contract to North Carolina Department of State Treasurer (June 2025)

Town of Burnsville
Disclosed value
$1,433,011.75
From minutes
Approved
Jun 25, 2025
Renews
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The 30-second brief

What it covers

The Town of Burnsville approved a Round 2 Hurricane Helene Cash Flow Loan Agreement with the North Carolina Department of State Treasurer for $1,433,011.75. The agreement sets out multi-year repayment installments through no later than the earlier of the fifth anniversary of the loan date or June 30, 2030, and authorizes execution of the promissory note and receipt of wired funds.

Who holds it

North Carolina Department of State Treasurer holds this financial services contract with Town of Burnsville. Its other public contracts on record include work for Town of Mars Hill and Yancey County.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,433,011.75
Document date
June 25, 2025
Term
Installments due by June 30, 2027 (10%), June 30, 2028 (20%), June 30, 2029 (30%), and by the earlier of the fifth anniversary of the Round 2 Loan Date or June 30, 2030 (40% less $1); $1 due by first anniversary of Round 2 Loan Date
Renews
On record
Vendor
North Carolina Department of State Treasurer
Agency
Town of Burnsville
Source document
town-of-burnsville-minutes-approval-of-nc-cash-flow-loan-amendment-round-2-loan-jun-25-2025_13f.pdf (Minutes)

North Carolina Department of State Treasurer's other public contracts

Town of Mars Hill, North CarolinaMars Hill Budget Includes Increased NC State Health Plan Fees · Jun 1, 2026Yancey County, North CarolinaYancey County amends state disaster cashflow loans · Mar 9, 2026Town of Laurel Park, North CarolinaNorth Carolina State Treasurer approves $676,826.96 disaster response loan to Laurel Park · Sep 16, 2025$676.8KCity of Hendersonville, North CarolinaCity Amends Hurricane Helene Loan with NCDST · Aug 7, 2025UndisclosedTown of Laurel Park, North CarolinaNorth Carolina Department of State Treasurer approves $997,840.48 disaster response loan · Jul 15, 2025$997.8KAll North Carolina Department of State Treasurer contractsVendor profile

More Town of Burnsville contracts

Gmc EngineeringGMC Engineering Services Agreement approved · Jul 10, 2025UndisclosedSharon GillespieAudit contract approved with Sharon Gillespie · Jul 10, 2025UndisclosedClifton D HamlinSewer Line Repair Project Construction Contract Approved · Jul 10, 2025UndisclosedHeritage Grading & PavingStreet/Sidewalk Repair Agreement approved · Jul 10, 2025UndisclosedHga ConsultantsHGA Consultants approved for FEMA documentation · Jul 10, 2025UndisclosedAll Town of Burnsville activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Burnsville?

North Carolina Department of State Treasurer was awarded this financial services contract by Town of Burnsville, as recorded on June 25, 2025. The contract value is $1,433,011.75.

How much is the North Carolina Department of State Treasurer contract with Town of Burnsville worth?

The North Carolina Department of State Treasurer contract with Town of Burnsville is valued at $1,433,011.75, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-burnsville-minutes-approval-of-nc-cash-flow-loan-amendment-round-2-loan-jun-25-2025_13f.pdf (Minutes), dated June 25, 2025 from Town of Burnsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does North Carolina Department of State Treasurer hold?

North Carolina Department of State Treasurer may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Burnsville currently buying?

Explore Town of Burnsville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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