Scottsdale City Council Regular Meeting Minutes 2026-04-14
Council Approves $11M WIFA Loan for Drainage Project
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Description
Scottsdale City Council authorized a loan agreement with Water Infrastructure Finance Authority of Arizona for up to $11 million, including $1 million in principal forgiveness, to fund WestWorld drainage improvements.
Contract Details
Contract Amount
Not to exceed $11,000,000 (with estimated $1,000,000 forgivable principal)
Vendor
WATER INFRASTRUCTURE FINANCE AUTHORITY OF ARIZONA
Agency
City of Scottsdale, AZ
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
No contract renewal or extension clauses indicated; single loan authorization.
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