City Considers $2.2M Electric Revenue Bond with Bank of Utah
City of BeaverCity · Beaver, UT- Disclosed value
- $2,200,000
- From meeting minutes
- Document date
- Feb 10, 2025
- Term
- 15 years
The 30-second brief
The City is planning to issue an electric revenue bond not exceeding $2,200,000, with Bank of Utah offering terms including a 15-year amortization and 5% interest rate, aimed at replacing the hydro penstock for Plant Number 4 and updating controls for Plants 2, 3, and 4.
Bank of Utah holds this revenue bond contract with City of Beaver. Its other public contracts on record include work for Central Weber Sewer Improvement District and Davinci Academy.
Term as filed: 15 years.
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Contract details
- Contract type
- Revenue Bond
- Amount
- $2,200,000
- Document date
- February 10, 2025
- Term
- 15 years
- Vendor
- Bank of Utah
- Agency
- City of Beaver
- Source document
- city-of-beaver-meeting-minutes-2025-02-10_7fb.pdf (Meeting Minutes)
Bank of Utah's other public contracts
More City of Beaver contracts
Questions about this contract
Who was awarded the revenue bond contract by City of Beaver?
Bank of Utah was awarded this revenue bond contract by City of Beaver, as recorded on February 10, 2025. The contract value is $2,200,000.
How much is the Bank of Utah contract with City of Beaver worth?
The Bank of Utah contract with City of Beaver is valued at $2,200,000, covering revenue bond work.
What type of contract is this?
This is a Revenue Bond contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-beaver-meeting-minutes-2025-02-10_7fb.pdf (Meeting Minutes), dated February 10, 2025 from City of Beaver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of Utah hold?
Bank of Utah 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 City of Beaver currently buying?
Explore City of Beaver's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.