FINANCIAL_SERVICESAPPROVED

Town of Hermosa Awards Financial Services Contract to South Dakota Conservancy District (March 2026)

The Town of Hermosa approved Resolution 2026-05 to obtain a Drinking Water State Revolving Fund loan from the South Dakota Conservancy District for up to $1,980,000 to finance new well, WRT system, and water system improvements. The loan will be repaid through a pledged revenue bond supported by project revenues and a dedicated surcharge.

Status
APPROVED
Document date
March 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
South Dakota Conservancy District
Agency
Town of Hermosa · SD

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WithersRavenel logo
Derivita logo
Comcate logo
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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $1,980,000
Contract type
FINANCIAL_SERVICES
Renewal
Single revenue bond issuance under a Drinking Water State Revolving Fund Loan; remains in effect until the revenue bond is defeased or paid in full, at which point the resolution and surcharge are automatically repealed.
Document type
Minutes
Source document
Hermosa Town Board Special Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Hermosa?

South Dakota Conservancy District was awarded this financial services contract by Town of Hermosa, as recorded on March 6, 2026. The contract value is Not to exceed $1,980,000.

How much is the South Dakota Conservancy District contract with Town of Hermosa worth?

The South Dakota Conservancy District contract with Town of Hermosa is valued at Not to exceed $1,980,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Hermosa Town Board Special Meeting Minutes March 2026 (Minutes), dated March 6, 2026 from Town of Hermosa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does South Dakota Conservancy District hold?

South Dakota Conservancy District 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 South Dakota Conservancy District's profile

What is Town of Hermosa currently buying?

Explore Town of Hermosa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Hermosa's profile

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