City of Yuma City Council Minutes 2026-05-05
City Pool Loan Approved with First Farm Bank
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Description
The City Council approved a financing agreement with First Farm Bank for up to $6 million for the new city pool, using limited tax revenue notes. The loan will be repaid from dedicated pool sales and use tax revenues.
Contract Details
Contract Amount
up to $6 Million
Vendor
FIRST FARM BANK
Agency
City of Yuma, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Renewal Info
No renewal terms specified. This is a one-time revenue note issued for the pool project.
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