File #: ID 25-4249    Version: 1 Name: State Cashflow Loans for Disaster Response Activities to Local Governments
Type: Action Item Status: New Business
File created: 8/27/2025 In control: Board of Commissioners
On agenda: 9/8/2025 Final action:
Title: State Cashflow Loans for Disaster Response Activities to Local Governments
Attachments: 1. Round 3 Docs for Agenda.pdf, 2. RESOLUTION TO APPROVE ROUND 3 NORTH CAROLINA CASHFLOW LOAN AGREEMENT AND PROMISSORY NOTE.pdf

 

Meeting Date:                     September 8, 2025

 

Title

State Cashflow Loans for Disaster Response Activities to Local Governments

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Summary:

summary

 

The loan agreement for Round 3 of the State Cashflow Loans for Disaster Response Activities to Local Governments in the amount of $1,557,448.55 for Rutherford County is on the following pages.  A resolution approving the agreement and promissory note (attached as Attachment B) is included for the Board’s consideration.

 

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Budget:

 

N/A

 

Contact Information:

 

Paula Roach

Paula.roach@rutherfordcountync.gov

828-287-6348

 

Recommended Motion:

recommended action

 

Approve resolution.