Board Pursues Financing for Fire Station 61 with MCM
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Description
The Board directs the Fire Chief to pursue a $17.5M–$17.75M, 25-year financing arrangement with Municipal Capital Markets Group, Inc. for the construction of Station 61. Final legal agreements are expected within 30 days.
Contract Details
Contract Amount
$17,500,000.00 to $17,750,000.00
Vendor
MUNICIPAL CAPITAL MARKETS GROUP INC
Agency
Upper Pine River Fire Protection District, CO
Contract Type
FINANCIAL_SERVICES
Document Date
February 19, 2026
Contract Term
25 years, stepped bi-annual repayment, no early payoff penalty
Renewal Date
2051-02-19
Renewal Info
No automatic renewal; 25-year loan term with no early payoff penalty.
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