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City of Madelia Awards $434,517 Loan Contract to Water Enterprise (July 2017)

City of Madelia logoCity of Madelia
Disclosed value
$434,517
From meeting minutes
Approved
Jul 10, 2017
Term
15 years

The 30-second brief

What it covers

Resolution 2017-10 approves transfer of $434,517 loan from Water Enterprise Fund to Liquor Enterprise Fund for the purchase and construction of the new Madelia Liquor Store with annual payments of $30,000.00 for 15 years.

Who holds it

Water Enterprise holds this loan contract with City of Madelia. Its other public contracts on record include work for City of Newburyport and Franklin county Regional Housing Authority.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Loan
Amount
$434,517
Document date
July 10, 2017
Term
15 years
Vendor
Water Enterprise
Agency
City of Madelia
Source document
city-of-madelia-meeting-minutes-2017-07-10_56b.pdf (Meeting Minutes)

Water Enterprise's other public contracts

City of Newburyport, MassachusettsCity Requests Personnel adjustment with $40k · Jul 14, 2025$40KFranklin county Regional Housing Authority, MassachusettsTransferring funds for water line project · May 1, 2025$1.3MHalifax Housing Authority, MassachusettsWater Enterprise Increase For temporary debit account · Mar 25, 2025$73.8KTown of Santa Fe, IllinoisWater-related engineering services fund approved $183K · Jan 15, 2025$183.9KTown of Topsfield, MassachusettsWater Tank Project funded by Water Enterprise · Jan 6, 20251800000All Water Enterprise contractsVendor profile

More City of Madelia contracts

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Questions about this contract

Who was awarded the loan contract by City of Madelia?

Water Enterprise was awarded this loan contract by City of Madelia, as recorded on July 10, 2017. The contract value is $434,517.

How much is the Water Enterprise contract with City of Madelia worth?

The Water Enterprise contract with City of Madelia is valued at $434,517, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-madelia-meeting-minutes-2017-07-10_56b.pdf (Meeting Minutes), dated July 10, 2017 from City of Madelia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Water Enterprise hold?

Water Enterprise may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Madelia currently buying?

Explore City of Madelia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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