FINANCIAL_SERVICESONGOING

Federal Loan for Scoggins Dam Remains Active

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.

Status
ONGOING
Document date
February 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Us Department of the Interior
Agency
City of Forest Grove · OR

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TerraCycle logo
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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
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$655,285 balance as of June 30, 2025; annual payments $72,797 at 3.5% interest
Contract type
FINANCIAL_SERVICES
Contract term
Original amount $1,707,484; repayments through at least 2040, annual installments include principal and interest.
Renewal date
2040-06-30
Renewal
Amortizing loan over remaining period; no renewal, ends at payoff.
Document type
Agenda
Source document
Forest Grove City Council Meeting Agenda February 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 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.

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.

View Us Department of the Interior's 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.

View City of Forest Grove's profile

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