Ontario Advances Refunding of State Loan B04003

Scope & details

The full contract record, as filed.

Contract amount

Remaining balance $1,396,972.00 as of 2026-09-15; projected NPV savings $40,000–$66,000 (sample prepricing schedule total payments $1,590,869.95)

Contract type

FINANCIAL_SERVICES

Contract term

Amended payment schedule from September 15, 2026 through December 1, 2031

Renewal date

2031-12-01

Renewal

The refunding will replace the existing 2018-refinanced loan terms for Project B04003 with an amended promissory note and new amortization schedule, contingent on achieving at least 3% NPV savings; existing pledge and security provisions remain in effect.

Document type

Agenda

Source document

City of Ontario Council Meeting Agenda 2026-07-28

Related contracts

Other contracts from Oregon Business Development Department.

View all →

City of Ontario Council Meeting Agenda 2026-07-28

PENDING

Ontario Rural Fire Protection District #7-302, OregonRemaining balance $1,597,220.00 as of 2026-09-15; projected NPV savings approximately $49,000–$118,000Jul 28, 2026

City of Madras Agenda Packet 2026-06-23

APPROVED

City of Madras, Oregon$59,000Jun 23, 2026

City of Manzanita Council Regular Session Agenda 2026-06-03

ONGOING

City of Manzanita, OregonJun 3, 2026

Falls City Oregon City Council Agenda Packet 2026-06-01

ONGOING

City of Falls, Oregon$1,292,082 forgivable loan; $1,075,218 repayable loan at 1% interestJun 1, 2026

Tooley Water District Board Meeting AgendaPacket 2026-05-20

APPROVED

Tooley Water District, Oregon$50,000 (grant)May 20, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ontario Rural Fire Protection District #7-302?

Oregon Business Development Department was awarded this financial services contract by Ontario Rural Fire Protection District #7-302, as recorded on July 28, 2026. The contract value is Remaining balance $1,396,972.00 as of 2026-09-15; projected NPV savings $40,000–$66,000 (sample prepricing schedule total payments $1,590,869.95).

How much is the Oregon Business Development Department contract with Ontario Rural Fire Protection District #7-302 worth?

The Oregon Business Development Department contract with Ontario Rural Fire Protection District #7-302 is valued at Remaining balance $1,396,972.00 as of 2026-09-15; projected NPV savings $40,000–$66,000 (sample prepricing schedule total payments $1,590,869.95), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Ontario Council Meeting Agenda 2026-07-28 (Agenda), dated July 28, 2026 from Ontario Rural Fire Protection District #7-302. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oregon Business Development Department hold?

Oregon Business Development Department 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 Oregon Business Development Department's profile

What is Ontario Rural Fire Protection District #7-302 currently buying?

Explore Ontario Rural Fire Protection District #7-302's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Ontario Rural Fire Protection District #7-302's profile