City of Maupin Budget Fiscal Year 2026-2027 2026-06-04
Southside Bank Services Civic Center Mortgage
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Description
Southside Bank continues to receive quarterly payments on Maupin’s Civic Center construction mortgage under the arrangement with Government Capital, as detailed in the FY 2026-2027 budget. The debt is structured to allow early payoff by 2030.
Contract Details
Vendor
SOUTHSIDE BANK
Agency
City of Maupin, OR
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
Through 2030, with option for early payoff
Renewal Date
2030-12-31
Renewal Info
Loan expected to be fully payable by 2030; no renewal or extension described.
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