FINANCIAL_SERVICESONGOING

USDA Rural Development Loan Supports Ferndale Wastewater Facility

The City of Ferndale maintains a long-term loan agreement with USDA Rural Development for wastewater treatment facility construction, with $3,857,000 outstanding as of June 30, 2024. The loan began in 2010 and matures in 2050.

Status
ONGOING
Document date
January 14, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Us Department of Agriculture Rural Development
Agency
City of Ferndale · CA

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $5,000,000 (original issuance); outstanding principal $3,857,000 as of June 30, 2024
Contract type
FINANCIAL_SERVICES
Contract term
August 18, 2010 – August 1, 2050 (40 years)
Renewal date
2050-08-01
Renewal
Principal payments continue through August 1, 2050; no specific renewal, but annual debt service is an ongoing financial obligation.
Document type
Report
Source document
city-of-ferndale-report-2025-01-14_560.pdf

Related contracts

Other contracts from Us Department of Agriculture Rural Development.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ferndale?

Us Department of Agriculture Rural Development was awarded this financial services contract by City of Ferndale, as recorded on January 14, 2025. The contract value is Up to $5,000,000 (original issuance); outstanding principal $3,857,000 as of June 30, 2024.

How much is the Us Department of Agriculture Rural Development contract with City of Ferndale worth?

The Us Department of Agriculture Rural Development contract with City of Ferndale is valued at Up to $5,000,000 (original issuance); outstanding principal $3,857,000 as of June 30, 2024, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in city-of-ferndale-report-2025-01-14_560.pdf (Report), dated January 14, 2025 from City of Ferndale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Us Department of Agriculture Rural Development hold?

Us Department of Agriculture Rural Development 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 Us Department of Agriculture Rural Development's profile

What is City of Ferndale currently buying?

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

View City of Ferndale's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free