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FINANCIAL_SERVICESAMENDED

City of Tenino Agenda 2026-05-26

City to amend Public Works Board loan terms

City of TeninoDEPARTMENT OF COMMERCE PUBLIC WORKS BOARDMay 26, 2026

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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

Description

The City of Tenino plans to amend contract PW-06-962-044 with the Department of Commerce Public Works Board to restructure payments to interest-only for 2026 and spread final principal and interest payments over 2027–2031. The work session agenda authorizes the Mayor to sign the amendment.

Contract Details

Vendor

DEPARTMENT OF COMMERCE PUBLIC WORKS BOARD

Agency

City of Tenino, WA

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Contract Term

Interest only for 2026; final payments in increments 2027-2031, including interest

Renewal Date

2031-12-31

Renewal Info

Amendment restructures repayment schedule to interest-only in 2026 with remaining principal and interest due in increments from 2027 through 2031.

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