City to amend Public Works Board loan terms
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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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