FINANCIAL_SERVICESAPPROVED

City of Coburg Awards Financial Services Contract to Oregon Infrastructure Finance Authority (April 2026)

Coburg City Council approved an amendment to its Safe Drinking Water Revolving Loan Fund contract with the Oregon Infrastructure Finance Authority, increasing the water system loan to $5.75 million with a $780,000 forgivable portion at 1.0% interest. The added funding will complete the Stallings Lane transmission line and extend the project completion deadline to March 31, 2027.

Status
APPROVED
Document date
April 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Oregon Infrastructure Finance Authority
Agency
City of Coburg · IA

Trusted by teams at

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
SafeTouch logo
IANS Research logo
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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$5,750,000 loan plus $780,000 forgivable loan
Contract type
FINANCIAL_SERVICES
Contract term
Loan matures on the 29th anniversary of the repayment commencement date; repayment expected to begin December 2027 after project closeout
Renewal
Amendment 03 to Financing Contract S19007 increases the loan principal by $1,000,000, extends the project completion deadline to March 31, 2027, and consequently delays the repayment commencement date by approximately one year.
Document type
Agenda
Source document
City of Coburg City Council Agenda April 14 2026

Related contracts

Other contracts from Oregon Infrastructure Finance Authority.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Coburg?

Oregon Infrastructure Finance Authority was awarded this financial services contract by City of Coburg, as recorded on April 14, 2026. The contract value is $5,750,000 loan plus $780,000 forgivable loan.

How much is the Oregon Infrastructure Finance Authority contract with City of Coburg worth?

The Oregon Infrastructure Finance Authority contract with City of Coburg is valued at $5,750,000 loan plus $780,000 forgivable loan, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Coburg City Council Agenda April 14 2026 (Agenda), dated April 14, 2026 from City of Coburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oregon Infrastructure Finance Authority hold?

Oregon Infrastructure Finance Authority 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 Oregon Infrastructure Finance Authority's profile

What is City of Coburg currently buying?

Explore City of Coburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Coburg's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free