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FINANCIAL_SERVICESAPPROVED

City of Valentine Regular Council Meeting Minutes 2026-04-09

City Approves $10.8M Sewer Bond Loan Agreement

Up to $10,800,000City of ValentineNEBRASKA DEPARTMENT OF WATER, ENERGY, AND ENVIRONMENTApril 9, 2026

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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

Description

The City of Valentine approved Ordinance No. 2026-2302M authorizing a sanitary sewer system revenue bond in the form of a promissory note loan from the Nebraska Department of Water, Energy, and Environment for up to $10,800,000. The financing will fund additions and improvements to the city's sanitary sewer plant and collection system, secured by sewer system revenues.

Contract Details

Contract Amount

Up to $10,800,000

Vendor

NEBRASKA DEPARTMENT OF WATER, ENERGY, AND ENVIRONMENT

Agency

City of Valentine, NE

Contract Type

FINANCIAL_SERVICES

Document Date

April 9, 2026

Renewal Info

Bond and loan terms, including maturity and any call or renewal provisions, are defined in the loan agreement and related documents approved by Ordinance No. 2026-2302M; specific renewal or extension options are not detailed in the minutes.

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