Front Royal Considers $1.8 Million Riverton Sewer Bond | Town of Front Royal | VIRGINIA RESOURCES AUTHORITY

Scope & details

The full contract record, as filed.

Contract amount

Principal amount not to exceed $1,800,000; estimated interest rate 3.3%; interest rate not to exceed 5%

Contract type

FINANCIAL_SERVICES

Contract term

Up to 25 years; preliminary debt schedule through November 13, 2051

Renewal date

2051-11-13

Renewal

Bond maturity may not exceed 25 years after initial delivery; preliminary debt service schedule ends November 13, 2051. Final interest rate will be established approximately one month before loan closing.

Document type

AgendaPacket

Source document

Town of Front Royal AgendaPacket Work Session 2026-10-05

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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 Front Royal?

Virginia Resources Authority was awarded this financial services contract by Town of Front Royal, as recorded on October 5, 2026. The contract value is Principal amount not to exceed $1,800,000; estimated interest rate 3.3%; interest rate not to exceed 5%.

How much is the Virginia Resources Authority contract with Town of Front Royal worth?

The Virginia Resources Authority contract with Town of Front Royal is valued at Principal amount not to exceed $1,800,000; estimated interest rate 3.3%; interest rate not to exceed 5%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Front Royal AgendaPacket Work Session 2026-10-05 (AgendaPacket), dated October 5, 2026 from Town of Front Royal. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Resources Authority hold?

Virginia Resources Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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