City of East Wenatchee City Council Agenda Packet 2026-05-19
Kentucky Project Financed by Public Works Trust Loan
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Description
East Wenatchee is utilizing a 2024 Public Works Trust Fund loan from the Washington State Department of Commerce’s Public Works Board, up to $850,000, for the Kentucky project. With $242,200 drawn to date, scheduled payments of $281,876 extend through 2044.
Contract Details
Contract Amount
Not to exceed $850,000; $242,200 utilized through 2025; current scheduled payments total $281,876 on principal of $248,639
Vendor
WASHINGTON STATE DEPARTMENT OF COMMERCE PUBLIC WORKS BOARD
Agency
City of East Wenatchee, WA
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
2024 Public Works Trust Fund Loan (Kentucky) maturing in 2044
Renewal Date
2044-12-31
Renewal Info
Loan matures in 2044; no renewal provisions described. Additional draws may occur up to the $850,000 maximum.
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