CONTRACTAPPROVED

Summit County Awards $43,000,000 Bond Issuance Contract to Mountain Regional Water Special Service District (June 2025)

Summit County
Disclosed value
$43,000,000
From resolution
Approved
Jun 25, 2025
Term
38 years

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THE 30-SECOND BRIEF

What it covers

Summit County approves $43 million water revenue bonds for the Signal Hill plant. The bonds, with a term of 38 years and a maximum interest rate of 5.5%, will finance the optimization and expansion of the Signal Hill Water Treatment Plant and related improvements. The resolution authorizes the issuance and sale of not more than $43,000,000 aggregate principal amount of water revenue bonds.

Who holds it

Mountain Regional Water Special Service District holds this bond issuance contract with Summit County. Its other public contracts on record include work for Park City Fire Service District.

What happens next

Term as filed: 38 years.

Contract details

Contract type
Bond Issuance
Amount
$43,000,000
Document date
June 25, 2025
Term
38 years
Source document
summit-county-resolution-43m-water-revenue-bonds-for-signal-hill-plant-jun-25-2025_53f.pdf (Resolution)

Mountain Regional Water Special Service District's other public contracts

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Questions about this contract

Who was awarded the bond issuance contract by Summit County?

Mountain Regional Water Special Service District was awarded this bond issuance contract by Summit County, as recorded on June 25, 2025. The contract value is $43,000,000.

How much is the Mountain Regional Water Special Service District contract with Summit County worth?

The Mountain Regional Water Special Service District contract with Summit County is valued at $43,000,000, covering bond issuance work.

What type of contract is this?

This is a Bond Issuance contract, documented as a resolution record.

Where was this contract approved?

This contract appears in summit-county-resolution-43m-water-revenue-bonds-for-signal-hill-plant-jun-25-2025_53f.pdf (Resolution), dated June 25, 2025 from Summit County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mountain Regional Water Special Service District hold?

Mountain Regional Water Special Service District 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 Summit County currently buying?

Explore Summit County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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