FINANCIAL_SERVICESPENDING

City weighs $10M conduit bonds for Firecrest project

The City of Stevens Point is considering an amended Initial Resolution to issue up to $10 million in industrial development revenue bonds on behalf of Firecrest Aerospace, Inc. to finance acquisition and rehabilitation of a 38,000-square-foot facility, related equipment, and issuance costs. The bonds would be conduit obligations payable solely from Firecrest Aerospace revenues and would not create a debt obligation of the City.

Status
PENDING
Document date
August 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Firecrest Aerospace Inc
Agency
City of Stevens Point · WI

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $10,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Bonds expected to be issued as Series 2026; project timeline not specified
Renewal
Initial conduit issuance authorization; no renewals described. Future bond issues or amendments would require further Council action.
Document type
AgendaPacket
Source document
City of Stevens Point Finance Committee Agenda Packet 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Stevens Point?

Firecrest Aerospace Inc was awarded this financial services contract by City of Stevens Point, as recorded on August 8, 2026. The contract value is Not to exceed $10,000,000.

How much is the Firecrest Aerospace Inc contract with City of Stevens Point worth?

The Firecrest Aerospace Inc contract with City of Stevens Point is valued at Not to exceed $10,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Stevens Point Finance Committee Agenda Packet 2026-08-10 (AgendaPacket), dated August 8, 2026 from City of Stevens Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Firecrest Aerospace Inc hold?

Firecrest Aerospace Inc 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 Firecrest Aerospace Inc's profile

What is City of Stevens Point currently buying?

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

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