FINANCIAL_SERVICESAPPROVED

Wall Township Fire District #2 - Glendola Fire Company Awards Financial Services Contract to Burlington County Bridge Commission (September 2020)

The Local Finance Board approved the Burlington County Bridge Commission’s issuance of $30 million in 16-year lease revenue bonds and $57 million in notes to refinance and fund Burlington County capital projects. The transaction adjusts prior note financing while taking advantage of sub-2 percent interest rates.

Document date · September 9, 2020

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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 amount
$30,000,000 (2020 bonds) and $57,000,000 (2020 C notes)
Contract type
FINANCIAL_SERVICES
Contract term
Bonds financed over 16 years; notes maturing November 20 (rollover and increase)
Renewal
Refinances and rolls existing short-term notes (originally tied to a 2017 authorization up to $130 million) into a mix of long-term bonds and renewed notes.
Document type
Transcript
Source document
local_finance_board_meeting_transcript_september_2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wall Township Fire District #2 - Glendola Fire Company?

Burlington County Bridge Commission was awarded this financial services contract by Wall Township Fire District #2 - Glendola Fire Company, as recorded on September 9, 2020. The contract value is $30,000,000 (2020 bonds) and $57,000,000 (2020 C notes).

How much is the Burlington County Bridge Commission contract with Wall Township Fire District #2 - Glendola Fire Company worth?

The Burlington County Bridge Commission contract with Wall Township Fire District #2 - Glendola Fire Company is valued at $30,000,000 (2020 bonds) and $57,000,000 (2020 C notes), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in local_finance_board_meeting_transcript_september_2.pdf (Transcript), dated September 9, 2020 from Wall Township Fire District #2 - Glendola Fire Company. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Burlington County Bridge Commission hold?

Burlington County Bridge Commission 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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What is Wall Township Fire District #2 - Glendola Fire Company currently buying?

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