FINANCIAL_SERVICESONGOING

District reviews payoff options for legacy USDA loans

Indian Valley Community Services District previously financed water system improvements through multiple USDA Rural Utilities Service loan agreements and certificates of participation totaling over $1.9 million. In 2017 these obligations were refinanced through a bank loan, and in July 2026 the Board considered but tabled a potential USDA loan payoff pending analysis of penalties and interest savings.

Status
ONGOING
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
United States Department of Agriculture Rural Utilities Service
Agency
Indian Valley Community Services District · CA

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Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Dated December 2, 2002 (multiple related agreements)
Renewal
USDA loans were refinanced and effectively paid off on July 19, 2017 via proceeds of the Umpqua Bank loan, but the District is again reviewing remaining USDA-related debt for possible early payoff in 2026.
Document type
Minutes
Source document
Indian Valley Community Services District Minutes Regular Meeting 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Indian Valley Community Services District?

United States Department of Agriculture Rural Utilities Service was awarded this financial services contract by Indian Valley Community Services District, as recorded on July 1, 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 Indian Valley Community Services District Minutes Regular Meeting 2026-07-01 (Minutes), dated July 1, 2026 from Indian Valley Community Services District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United States Department of Agriculture Rural Utilities Service hold?

United States Department of Agriculture Rural Utilities Service 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 United States Department of Agriculture Rural Utilities Service's profile

What is Indian Valley Community Services District currently buying?

Explore Indian Valley Community Services District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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