FINANCIAL_SERVICESAPPROVED

City of Moro Awards Financial Services Contract to Business Oregon (May 2026)

The City of Moro Council approved the Business Oregon funding agreement S26020 for $4,596,000.00 to support Water System Improvements, with half as a grant and half as a 1% interest loan over 30 years. The mayor and designated staff were authorized to execute the contract and deposit option documents.

Status
APPROVED
Document date
May 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Business Oregon
Agency
City of Moro · OR

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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
$4,596,000.00 (half grant, half 1% loan for 30 years)
Contract type
FINANCIAL_SERVICES
Contract term
1% interest loan for 30 years (half of total funding)
Renewal date
2056-05-05
Renewal
Financing structured as a 30-year, 1% interest loan for half of the total award; grant portion does not renew.
Document type
Minutes
Source document
City of Moro Minutes May 5, 2026

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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 Moro?

Business Oregon was awarded this financial services contract by City of Moro, as recorded on May 5, 2026. The contract value is $4,596,000.00 (half grant, half 1% loan for 30 years).

How much is the Business Oregon contract with City of Moro worth?

The Business Oregon contract with City of Moro is valued at $4,596,000.00 (half grant, half 1% loan for 30 years), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Moro Minutes May 5, 2026 (Minutes), dated May 5, 2026 from City of Moro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Business Oregon hold?

Business Oregon 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 Business Oregon's profile

What is City of Moro currently buying?

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

View City of Moro's profile

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