city-of-essex-proposed-budget-june-30-2025_923.pdf
Annual Payment Scheduled for 2012 Sewer Loan Notes
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Description
Essex will pay $21,660 toward its 2012 Sewer Capital Loan Notes in FY 2025, covering principal, interest, and agent fees as part of ongoing sewer infrastructure financing.
Contract Details
Contract Amount
$235,000 ($20,000 principal, $1,160 interest, $500 fees due FY25)
Vendor
SEWER CAPITAL LOAN NOTES SERIES 2012
Agency
City of Essex, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2024
Contract Term
FY 2025 (annual payment)
Renewal Date
2025-06-30
Renewal Info
Ongoing loan repayment; additional principal and interest due in future fiscal years as scheduled in loan agreement.
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