FINANCIAL_SERVICESONGOING

UEC Revolving Loan Funds Police Station Site Purchase

Umatilla financed the purchase of property next to its current police station through a UEC revolving loan at 7.5% interest over 10 years. With no prepayment penalty, City staff are evaluating early payoff options to reduce interest costs.

Status
ONGOING
Document date
May 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
UEC
Agency
City of Umatilla · OR

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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
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 type
FINANCIAL_SERVICES
Contract term
10-year term at 7.5% interest
Renewal
10-year revolving loan fund agreement with no prepayment penalty; City may choose early repayment rather than renewal.
Document type
AgendaPacket
Source document
City of Umatilla Budget Committee Meeting Agenda Packet 2026-05-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Umatilla?

UEC was awarded this financial services contract by City of Umatilla, as recorded on May 19, 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 City of Umatilla Budget Committee Meeting Agenda Packet 2026-05-19 (AgendaPacket), dated May 19, 2026 from City of Umatilla. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does UEC hold?

UEC 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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