FINANCIAL_SERVICESAPPROVED

Bowerston village Awards Financial Services Contract to USDA (February 2026)

The Bowerston Village Council approved entering into a financing agreement with USDA for a $1,200,000.00 loan and $1,585,000.00 in grant funding toward the $5,437,000.00 Water Distribution Project. Ordinance 2026-02 authorizes the 2026–2066 loan and establishes required reserve savings for catastrophic events.

Status
APPROVED
Document date
February 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
USDA
Agency
Bowerston village · OH

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
$1,200,000.00 loan and $1,585,000.00 grant (total USDA funding $2,785,000.00)
Contract type
FINANCIAL_SERVICES
Contract term
2026 to 2066 (loan)
Renewal date
2066-12-31
Renewal
Financing authorized by Resolution 04-2026 and Ordinance 2026-02 for a USDA loan running from 2026 to 2066; reserve and reporting obligations continue throughout the loan term.
Document type
Minutes
Source document
Bowerston Village Council Special Meeting Minutes February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Bowerston village?

USDA was awarded this financial services contract by Bowerston village, as recorded on February 3, 2026. The contract value is $1,200,000.00 loan and $1,585,000.00 grant (total USDA funding $2,785,000.00).

How much is the USDA contract with Bowerston village worth?

The USDA contract with Bowerston village is valued at $1,200,000.00 loan and $1,585,000.00 grant (total USDA funding $2,785,000.00), 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 Bowerston Village Council Special Meeting Minutes February 2026 (Minutes), dated February 3, 2026 from Bowerston village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does USDA hold?

USDA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View USDA's profile

What is Bowerston village currently buying?

Explore Bowerston village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Bowerston village's profile

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