JMUC Backs Multipurpose Fund Financing Structure
Southwest Missouri Joint Municipal Water Utility CommissionUtility District · Springfield, MO- Disclosed value
- Approximately $27 million for storage cost (to be finalized)
- From minutes
- Document date
- Jan 13, 2026
The 30-second brief
The Board approved the financing structure for a Multipurpose Fund contract under which DNR will pay an estimated $27 million in storage costs to the Corps of Engineers and be repaid over two 15-year terms by SWMO Water. The contract includes a one‑year delay before payments begin and carries a 2% interest rate.
Multipurpose Fund holds this financial services contract with Southwest Missouri Joint Municipal Water Utility Commission.
Term as filed: Two 15-year amortization cycles with one-year delay and no overlap.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $27 million for storage cost (to be finalized)
- Document date
- January 13, 2026
- Term
- Two 15-year amortization cycles with one-year delay and no overlap
- Vendor
- Multipurpose Fund
- Source document
- SWMO Joint Municipal Water Utility Board Meeting Minutes January 2026 (Minutes)
More Southwest Missouri Joint Municipal Water Utility Commission contracts
Questions about this contract
Who was awarded the financial services contract by Southwest Missouri Joint Municipal Water Utility Commission?
Multipurpose Fund was awarded this financial services contract by Southwest Missouri Joint Municipal Water Utility Commission, as recorded on January 13, 2026. The contract value is Approximately $27 million for storage cost (to be finalized).
How much is the Multipurpose Fund contract with Southwest Missouri Joint Municipal Water Utility Commission worth?
The Multipurpose Fund contract with Southwest Missouri Joint Municipal Water Utility Commission is valued at Approximately $27 million for storage cost (to be finalized), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in SWMO Joint Municipal Water Utility Board Meeting Minutes January 2026 (Minutes), dated January 13, 2026 from Southwest Missouri Joint Municipal Water Utility Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Multipurpose Fund hold?
Multipurpose Fund 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 Southwest Missouri Joint Municipal Water Utility Commission currently buying?
Explore Southwest Missouri Joint Municipal Water Utility Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.