URA funds Umpqua Bank loan debt service
City of SutherlinCity · OR- Disclosed value
- $118,300 principal and $86,600 interest in FY 2026-27 (total $204,900)
- From budget
- Document date
- Apr 30, 2026
The 30-second brief
The Sutherlin Urban Renewal Agency will continue servicing the City’s Umpqua Bank loan for 311 E Central Ave, budgeting $118,300 in principal and $86,600 in interest for FY 2026-27. These payments support the financing of the purchase and renovation of the downtown property.
Umpqua Bank holds this financial services contract with City of Sutherlin. Its other public contracts on record include work for Paradise Junction Reclamation District No. 2095 and Kinneloa Irrigation District.
Term as filed: Ongoing debt service; FY 2026-27 scheduled payments.
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Contract details
- Contract type
- Financial Services
- Amount
- $118,300 principal and $86,600 interest in FY 2026-27 (total $204,900)
- Document date
- April 30, 2026
- Term
- Ongoing debt service; FY 2026-27 scheduled payments
- Vendor
- Umpqua Bank
- Agency
- City of Sutherlin
- Source document
- Sutherlin Urban Renewal Agency Budget Adopted Annual Budget and Financial Plan 2026-2027 (Budget)
Umpqua Bank's other public contracts
More City of Sutherlin contracts
Questions about this contract
Who was awarded the financial services contract by City of Sutherlin?
Umpqua Bank was awarded this financial services contract by City of Sutherlin, as recorded on April 30, 2026. The contract value is $118,300 principal and $86,600 interest in FY 2026-27 (total $204,900).
How much is the Umpqua Bank contract with City of Sutherlin worth?
The Umpqua Bank contract with City of Sutherlin is valued at $118,300 principal and $86,600 interest in FY 2026-27 (total $204,900), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Sutherlin Urban Renewal Agency Budget Adopted Annual Budget and Financial Plan 2026-2027 (Budget), dated April 30, 2026 from City of Sutherlin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Umpqua Bank hold?
Umpqua Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Sutherlin currently buying?
Explore City of Sutherlin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.