CONTRACTPENDING

Ashland to issue $1.1M in water system revenue bonds

City of Ashland logoCity of Ashland
Disclosed value
$1,161,830
From agenda
Document date
Sep 30, 2025
Term
30 years

The 30-second brief

What it covers

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.

Who holds it

RITOLA holds this construction contract with City of Ashland. Its other public contracts on record include work for Town of Kelly and South Shore School District.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Construction
Amount
$1,161,830
Document date
September 30, 2025
Term
30 years
Vendor
RITOLA
Source document
city-of-ashland-common-council-meeting-agenda-september-30-2025_4a6.pdf (Agenda)

RITOLA's other public contracts

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Questions about this contract

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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What other contracts does RITOLA hold?

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

What is City of Ashland currently buying?

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

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