Civic IQ
CONTRACTONGOING
Get alerts

City council approves $3 million fund transfer.

City of Koyuk logoCity of Koyuk
Disclosed value
$3,000,000
From agenda
Document date
May 14, 2025

The 30-second brief

What it covers

Cordova approves a transfer of $3 million from the Harbor enterprise fund to the general reserve fund and authorizing the transfer of $3,000,000 from the general reserve fund to the general fund to sustain cash flow for city operations. The council also aimed to offer a timeline for revisiting the repayment terms and allow the city flexibility in order to continue city operations and services.

Who holds it

City of Cordova holds this loan contract with City of Koyuk. Its other public contracts on record include work for Cordova City School District and City of Wilton.

See who signed off on this $3M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Loan
Amount
$3,000,000
Document date
May 14, 2025
Term
NA
Vendor
City of Cordova
Agency
City of Koyuk
Source document
city-of-koyuk-agenda-2025-05-14_906.pdf (Agenda)

City of Cordova's other public contracts

Cordova City School District, AlaskaDistrict Buys Workplace Wellness From City · Mar 31, 2026$3KCity of Wilton, North DakotaWilton awaiting final bill for splash pad. · Aug 3, 2025$80KCordova City School District, AlaskaSkaters Cabin Rented for Student Event from City · Jun 11, 2025Cordova village, IllinoisCity of Cordova approves land lease to Diana Riedel · May 21, 2025UndisclosedTown of Alaska, MinnesotaTransfer of funds for South Harbor Project · May 21, 2025$3MAll City of Cordova contractsVendor profile

More City of Koyuk contracts

NARoyal Ocean Kelp seeks to amend their kelp lease. · Jul 2, 2025UndisclosedSusan BourgeoisSusan Bourgeois' employment agreement approved with $122,180 salary. · Jul 2, 2025$122.2KEmulsion Products AlaskaCordova Procures $80K Chip Seal Oil Contract · Jun 4, 2025$80KCordova PowersportsCordova awards impound lot contract to Cordova Power Sports · Jun 4, 2025$135KDiana RiedelPotential Sale of City Land for Housing Construction · May 21, 2025$53.5KAll City of Koyuk activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Koyuk?

City of Cordova was awarded this loan contract by City of Koyuk, as recorded on May 14, 2025. The contract value is $3,000,000.

How much is the City of Cordova contract with City of Koyuk worth?

The City of Cordova contract with City of Koyuk is valued at $3,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-koyuk-agenda-2025-05-14_906.pdf (Agenda), dated May 14, 2025 from City of Koyuk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does City of Cordova hold?

City of Cordova 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 City of Koyuk currently buying?

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

Work in government? Get Civic IQ free →
More City of Koyuk contracts →Browse all agencies in Alaska →