Davenport Presents Municipal Loan Refinancing Options

Davenport presented Tappahannock officials with refinancing options for the Town’s 2021 United Bank loan. The alternatives included Virginia Resources Authority programs that could extend repayment through approximately 2041, but no refinancing decision was made.

Document date · October 13, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Existing 2021 loan refinancing options discussed; potential repayment through approximately 2041

Renewal date

2027-01-01

Renewal

Potential refinancing through the VRA Pool or Direct Loan programs; no award or refinancing approval documented.

Document type

AgendaPacket

Source document

Town of Tappahannock AgendaPacket Town Council Meeting 2026-10-13

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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 Tappahannock?

DAVENPORT was awarded this financial services contract by Town of Tappahannock, as recorded on October 13, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Tappahannock AgendaPacket Town Council Meeting 2026-10-13 (AgendaPacket), dated October 13, 2026 from Town of Tappahannock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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