Enumclaw Seeks State Loan for New Water Reservoir

Enumclaw plans to apply to the Washington State Public Works Board for a $7.5 million, 20‑year low‑interest loan to demolish an existing 1‑million‑gallon water reservoir and construct a new 3‑million‑gallon concrete water storage reservoir. The remaining project costs will be covered by city water utility reserves to address system vulnerability and future storage needs.

Scope & details

The full contract record, as filed.

Contract amount

$7,500,000 (low-interest loan application)

Contract type

FINANCIAL_SERVICES

Contract term

20-year loan term proposed at 2.31% interest, with potential 0.25%–0.5% rate reduction for timely completion

Document type

Agenda

Source document

City of Enumclaw Agenda Regular Meeting 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Enumclaw?

Public Works Board was awarded this financial services contract by City of Enumclaw, as recorded on July 26, 2026. The contract value is $7,500,000 (low-interest loan application).

How much is the Public Works Board contract with City of Enumclaw worth?

The Public Works Board contract with City of Enumclaw is valued at $7,500,000 (low-interest loan application), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Enumclaw Agenda Regular Meeting 2026-07-27 (Agenda), dated July 26, 2026 from City of Enumclaw. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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