LIAC Defers Common Roots $250,000 Loan Decision
Vermont Green Mountain Secure Retirement Plan Board | State of VermontState · Montpelier, VT- Disclosed value
- $250,000
- From minutes
- Document date
- Dec 16, 2024
- Term
- 20 years, amortized over the same period
The 30-second brief
The committee discussed a proposed $250,000 LIAC loan through VEDA to support Common Roots' land purchase in South Burlington. The 20-year loan was deferred for further consideration at the January meeting and would carry a 2% LIAC rate before VEDA's margin.
VEDA holds this financial services contract with Vermont Green Mountain Secure Retirement Plan Board | State of Vermont. Its other public contracts on record include work for City of Montpelier and Prince George County.
Term as filed: 20 years, amortized over the same period.
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Contract details
- Contract type
- Financial Services
- Amount
- $250,000
- Document date
- December 16, 2024
- Term
- 20 years, amortized over the same period
- Vendor
- VEDA
- Source document
- Office of the State Treasurer Minutes Local Investment Advisory Committee Draft Minutes 2024-12-16 (Minutes)
VEDA's other public contracts
More Vermont Green Mountain Secure Retirement Plan Board | State of Vermont contracts
Questions about this contract
Who was awarded the financial services contract by Vermont Green Mountain Secure Retirement Plan Board | State of Vermont?
VEDA was awarded this financial services contract by Vermont Green Mountain Secure Retirement Plan Board | State of Vermont, as recorded on December 16, 2024. The contract value is $250,000.
How much is the VEDA contract with Vermont Green Mountain Secure Retirement Plan Board | State of Vermont worth?
The VEDA contract with Vermont Green Mountain Secure Retirement Plan Board | State of Vermont is valued at $250,000, 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 Office of the State Treasurer Minutes Local Investment Advisory Committee Draft Minutes 2024-12-16 (Minutes), dated December 16, 2024 from Vermont Green Mountain Secure Retirement Plan Board | State of Vermont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does VEDA hold?
VEDA 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 Vermont Green Mountain Secure Retirement Plan Board | State of Vermont currently buying?
Explore Vermont Green Mountain Secure Retirement Plan Board | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.