CONTRACTAPPROVED

Town of Beaver Awards $210,000 Loan Contract to Bank of Utah (February 2025)

Town of Beaver
Disclosed value
$210,000
From meeting minutes
Approved
Feb 10, 2025
Term
15 years

The 30-second brief

What it covers

Bank of Utah offered the best terms for electric revenue bond with a 15-year amortization and a 5% interest rate. Annual payments will be just under $210,000.

Who holds it

Bank of Utah holds this loan contract with Town of Beaver. Its other public contracts on record include work for Central Weber Sewer Improvement District and Davinci Academy.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Loan
Amount
$210,000
Document date
February 10, 2025
Term
15 years
Source document
town-of-beaver-meeting-minutes-2025-02-10_3a8.pdf (Meeting Minutes)

Bank of Utah's other public contracts

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Questions about this contract

Who was awarded the loan contract by Town of Beaver?

Bank of Utah was awarded this loan contract by Town of Beaver, as recorded on February 10, 2025. The contract value is $210,000.

How much is the Bank of Utah contract with Town of Beaver worth?

The Bank of Utah contract with Town of Beaver is valued at $210,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-beaver-meeting-minutes-2025-02-10_3a8.pdf (Meeting Minutes), dated February 10, 2025 from Town 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 Town of Beaver currently buying?

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

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