Federal Loan for Scoggins Dam Remains Active
City of Forest GroveCity · Forest Grove, OR- Disclosed value
- $655,285 balance as of June 30, 2025; annual payments $72,797 at 3.5% interest
- From agenda
- Document date
- Feb 23, 2026
- Renews
- Free account
The 30-second brief
The City of Forest Grove maintains a direct federal loan with the US Department of the Interior for Scoggins Dam and Reservoir improvements, with a current balance of $655,285.
Us Department of the Interior holds this financial services contract with City of Forest Grove. Its other public contracts on record include work for Lee County and Lackawanna County.
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Contract details
- Contract type
- Financial Services
- Amount
- $655,285 balance as of June 30, 2025; annual payments $72,797 at 3.5% interest
- Document date
- February 23, 2026
- Term
- Original amount $1,707,484; repayments through at least 2040, annual installments include principal and interest.
- Renews
- On record
- Agency
- City of Forest Grove
- Source document
- Forest Grove City Council Meeting Agenda February 2026 (Agenda)
Us Department of the Interior's other public contracts
More City of Forest Grove contracts
Questions about this contract
Who was awarded the financial services contract by City of Forest Grove?
Us Department of the Interior was awarded this financial services contract by City of Forest Grove, as recorded on February 23, 2026. The contract value is $655,285 balance as of June 30, 2025; annual payments $72,797 at 3.5% interest.
How much is the Us Department of the Interior contract with City of Forest Grove worth?
The Us Department of the Interior contract with City of Forest Grove is valued at $655,285 balance as of June 30, 2025; annual payments $72,797 at 3.5% interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Forest Grove City Council Meeting Agenda February 2026 (Agenda), dated February 23, 2026 from City of Forest Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Us Department of the Interior hold?
Us Department of the Interior 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 Forest Grove currently buying?
Explore City of Forest Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.