Civic IQ
FINANCIAL_SERVICESAMENDED

Kitsap Public Facilities District Board of Directors Meeting Agenda April 27, 2026

PERC Bond Payment Schedule Amended with City of Poulsbo

$17.1 M project budget (design $1.5 M, construction $15.6 M)Kitsap County Public Facilities DistrictCITY OF POULSBOApril 27, 2026

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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

Description

Kitsap Public Facilities District and the City of Poulsbo executed a Second Amendment to their Regional Center Interlocal Agreement to update the PERC project bond summary and final payment schedule. The amendment confirms a $17.1 million project budget with an average bond interest rate of 3.7% and incorporates the final finance fee into the repayment schedule.

Contract Details

Contract Amount

$17.1 M project budget (design $1.5 M, construction $15.6 M)

Vendor

CITY OF POULSBO

Agency

Kitsap County Public Facilities District, WA

Contract Type

FINANCIAL_SERVICES

Document Date

April 27, 2026

Contract Term

Bond repayment per final bond payment schedule in Second Amendment; long-term debt service at 3.7% average interest

Renewal Info

Second amendment to the existing interlocal agreement; the agreement otherwise remains in full force and effect with updated bond repayment terms.

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