Ashland to issue $1.1M in water system revenue bonds

The City of Ashland is set to issue water system revenue bonds, Series 2025, up to $1,161,830. The financing, obtained through the Wisconsin Department of Natural Resources' Safe Drinking Water Loan Program (SDWLP), will fund the watermain portion of previously approved projects like Ellis Avenue Reconstruction and Prentice Avenue Reconstruction, and the Ore Dock Access Road. Costs eligible for WI DNR funding total $2,581,846, with the WI DNR providing $1,420,016 in principal forgiveness.

Scope & details

The full contract record, as filed.

Contract amount

$1,161,830

Contract type

Construction

Contract term

30 years

Document type

Agenda

Source document

city-of-ashland-common-council-meeting-agenda-september-30-2025_4a6.pdf

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DISCUSSed

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city-of-ashland-council-agenda-september-30-2025_97c.pdf

ongoing

City of Ashland, WisconsinNASep 30, 2025

town-of-ashland-council-agenda-september-30-2025_b4f.pdf

approved

Town of Ashland, WisconsinNASep 30, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Ashland?

RITOLA was awarded this construction contract by City of Ashland, as recorded on September 30, 2025. The contract value is $1,161,830.

How much is the RITOLA contract with City of Ashland worth?

The RITOLA contract with City of Ashland is valued at $1,161,830, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-ashland-common-council-meeting-agenda-september-30-2025_4a6.pdf (Agenda), dated September 30, 2025 from City of Ashland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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