District Finalizes $600,000 Loan With PWB
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Description
Scatchet Head Water District approved Resolution 2024-1 finalizing a $600,000, 20-year loan at 1.72% interest with PWB to fund a district project. The loan contract followed legal review and will support upcoming construction once permitting is complete.
Contract Details
Contract Amount
$600,000
Vendor
PWB
Agency
Scatchet Head Water District, WA
Contract Type
FINANCIAL_SERVICES
Document Date
February 27, 2024
Contract Term
20 years at 1.72% interest
Renewal Date
2044-02-27
Renewal Info
Fixed-term loan for 20 years; no renewal terms noted.
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