City of Shady Cove Budget for Year 2026-27
US Bank Continues to Service City Sewer Bond
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Description
The City of Shady Cove continues its debt service relationship with US Bank for the 2018 sewer bond issue, including principal, interest, and agent fee payments in FY 2026-27. These payments support ongoing sewer infrastructure financing.
Contract Details
Contract Amount
$70,000 principal + $56,294 interest + $800–$900 agent fees annually (varies by year)
Vendor
US BANK
Agency
City of Shady Cove, OR
Contract Type
FINANCIAL_SERVICES
Document Date
May 30, 2026
Contract Term
Bond Issue 2018; payments July 1, 2026 and January 1, 2027
Renewal Date
2027-01-01
Renewal Info
Bond-related services remain in effect for the life of the 2018 issue; payments on July 1, 2026, and January 1, 2027, reflect ongoing obligations rather than discretionary renewals.
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City of Shady Cove Budget for Year 2026-27
City of Shady Cove Budget for Year 2026-27
City of Shady Cove Budget for Year 2026-27
City of Shady Cove Budget for Year 2026-27
City of Shady Cove Budget for Year 2026-27
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