City of Dufur Regular City Council Meeting Agenda March 2026
OBDD Loan Parity for Sewer System Projects
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Description
The City's outstanding OBDD loan is recognized as a parity obligation alongside the new USDA sewer bond, supporting major sewer system capital projects.
Contract Details
Vendor
OREGON BUSINESS DEVELOPMENT DEPARTMENT
Agency
City of Dufur, OR
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
As amended, in parity with USDA bond; original contract date not specified, Parity Agreement October 18, 2022
Renewal Info
Parity agreement allows for future parity borrowings if net revenues are sufficient. Amendment history not fully detailed.
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