Civic IQ
FINANCIAL_SERVICESONGOING

Council reviews Virginia Resources Authority loan compliance

Narrows Town Council reviewed its ongoing loan relationship with the Virginia Resources Authority, including compliance shortfalls and plans for an additional I&I study loan. Davenport proposed a two-year plan to restore loan covenant compliance and avoid compelled rate increases.

Document date · May 20, 2026

Issuing agencyTown of NarrowsVendorVirginia Resources Authority

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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 type
FINANCIAL_SERVICES
Renewal
Existing loan with covenant requirements; potential additional loan for I&I study under discussion with a proposed two-year compliance plan.
Document type
Minutes
Source document
Narrows Town Council Budget Work Session Minutes 2026-05-20

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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 Narrows?

Virginia Resources Authority was awarded this financial services contract by Town of Narrows, as recorded on May 20, 2026.

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 Narrows Town Council Budget Work Session Minutes 2026-05-20 (Minutes), dated May 20, 2026 from Town of Narrows. 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.

View Virginia Resources Authority's profile

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