Paola Housing Authority Awards Financial Services Contract to Rural Water Financing Agency (August 2025)
Paola Housing AuthorityLocal Housing Authority · Paola, KS- Disclosed value
- Not to exceed a true interest cost of 4.0% on Series 2025 General Obligation Bonds
- From minutes
- Approved
- Aug 12, 2025
- Renews
- Free account
The 30-second brief
The Paola City Council approved pursuing private placement of its Series 2025 General Obligation Bonds with the Rural Water Financing Agency under the Public Project Flexible Term Program. The bond purchase agreement will cap true interest cost at 4.0% and support $1,050,000 in water infrastructure projects to be repaid by 2029.
Rural Water Financing Agency holds this financial services contract with Paola Housing Authority. Its other public contracts on record include work for Town of Mulga and City of Hillsboro.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed a true interest cost of 4.0% on Series 2025 General Obligation Bonds
- Document date
- August 12, 2025
- Term
- Bonds to be paid off with last payment in 2029
- Renews
- On record
- Agency
- Paola Housing Authority
- Source document
- Paola City Council Meeting Minutes August 2025 (Minutes)
Rural Water Financing Agency's other public contracts
More Paola Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Paola Housing Authority?
Rural Water Financing Agency was awarded this financial services contract by Paola Housing Authority, as recorded on August 12, 2025. The contract value is Not to exceed a true interest cost of 4.0% on Series 2025 General Obligation Bonds.
How much is the Rural Water Financing Agency contract with Paola Housing Authority worth?
The Rural Water Financing Agency contract with Paola Housing Authority is valued at Not to exceed a true interest cost of 4.0% on Series 2025 General Obligation Bonds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Paola City Council Meeting Minutes August 2025 (Minutes), dated August 12, 2025 from Paola Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rural Water Financing Agency hold?
Rural Water Financing Agency 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 Paola Housing Authority currently buying?
Explore Paola Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.