City of Hubbard Special Meeting Agenda Packet February 2026
Debt Service for Water Loan Set to Begin FY2026–27
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Description
The City of Hubbard will initiate repayment for the Safe Drinking Water Revolving Loan Fund starting in FY2026–27, with annual debt service estimated at $77,000. This loan funds critical water infrastructure improvements under a state-administered program.
Contract Details
Contract Amount
Approximately $77,000 per fiscal year (debt service)
Vendor
SAFE DRINKING WATER REVOLVING LOAN FUND
Agency
City of Hubbard, OR
Contract Type
FINANCIAL_SERVICES
Document Date
February 24, 2026
Contract Term
Expected to begin in FY2026–27, annual
Renewal Info
Annual payments. Final annual payment determined after project closeout and reconciliation.
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