City of Douglas Council Meeting Agenda Packet January 2025
City Continues Repayment of Landfill Closure Loan
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Description
The City of Douglas continues to repay a 0% interest landfill closure loan from the Wyoming Office of State Lands and Investments, with $51,572 remaining as of June 2024 and annual payments of $13,141.
Contract Details
Contract Amount
$131,410 (original loan); $13,141 annual payment; $51,572 remaining as of June 30, 2024
Vendor
WYOMING OFFICE OF STATE LANDS AND INVESTMENTS
Agency
City of Douglas, WY
Contract Type
FINANCIAL_SERVICES
Document Date
January 27, 2025
Contract Term
September 20, 2018 – December 1, 2027
Renewal Date
2027-12-01
Renewal Info
Loan is amortized with last payment due December 1, 2027. No prepayment penalties specified.
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