Stillwater Utilities Lease Agreement Extended to 2124

Ordinance No. 3547 extends and restates the lease and operation/maintenance contract between the City of Stillwater and the Stillwater Utilities Authority, covering all major utility systems through June 30, 2124 or until debt is paid.

Document date · October 21, 2024

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Approx. 100 years (2024 – June 30, 2124) or until indebtedness is satisfied

Renewal date

2124-06-30

Renewal

Restates and consolidates previous amendments; lease term extended to 2124 or until all debt is retired. Subject to referendum per City Charter.

Document type

Agenda

Source document

Stillwater City Council Agenda October 21 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Stillwater?

Stillwater Utilities Authority was awarded this facilities contract by City of Stillwater, as recorded on October 21, 2024.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Stillwater City Council Agenda October 21 2024 (Agenda), dated October 21, 2024 from City of Stillwater. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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