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FINANCIAL_SERVICESAMENDED

Kitsap Public Facilities District Board Meeting Minutes April 2026

Board Amends PERC Bond ILA With City of Poulsbo

Kitsap County Public Facilities DistrictCITY OF POULSBOApril 27, 2026

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TerraCycle logo
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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
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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.

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