Board Amends PERC Bond ILA With City of Poulsbo
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Description
The Board approved Amendment #2 to the Poulsbo Events & Recreation Center Interlocal Agreement with the City of Poulsbo, revising the bond debt service payment schedule to reflect a 3.7% interest rate over 20 years. The City will invoice the District semiannually for shared principal and interest obligations.
Contract Details
Vendor
CITY OF POULSBO
Agency
Kitsap County Public Facilities District, WA
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
20 years
Renewal Info
Amendment #2 revises the bond rate assumption to 3.7% and sets a schedule under which the City invoices the PFD each June and December for its share of interest and principal over the remaining 20-year term.
More from CITY OF POULSBO
Issuing Agency
Special District
Silverdale, WA
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Kitsap Public Facilities District Board Meeting Agenda April 27, 2026
Kitsap Public Facilities District Board Meeting Agenda April 27, 2026
Kitsap Public Facilities District Board Meeting Agenda April 27, 2026
Kitsap Public Facilities District Board Meeting Agenda April 27, 2026
Kitsap Public Facilities District Board Meeting Agenda April 27, 2026
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