FINANCIAL_SERVICESAPPROVED

Town of Baileyton Awards $5,515,000 Financial Services Contract to Alabama Water Pollution Control Authority (June 2025)

The Cullman City Council adopted Ordinance 2025-13 authorizing issuance of a $5,515,000 General Obligation Warrant to the Alabama Water Pollution Control Authority for sanitary sewer system improvements. The 20-year State Revolving Fund loan carries a 0.10% interest rate plus a 1.89% administrative fee, with semiannual payments through 2045.

Status
APPROVED
Document date
June 2, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alabama Water Pollution Control Authority
Agency
Town of Baileyton · AL

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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
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

Scope & details

The full contract record, as filed.

Contract amount
$5,515,000
Contract type
FINANCIAL_SERVICES
Contract term
July 10, 2025 – February 15, 2045
Renewal date
2045-02-15
Renewal
Single 20-year amortizing warrant with callable maturities from 2036 onward at par plus accrued interest and administrative fee; no renewal options specified.
Document type
Minutes
Source document
cullman-city-council-minutes-sanitary-sewer-community-theater-projects-jun-2-2025_075.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Baileyton?

Alabama Water Pollution Control Authority was awarded this financial services contract by Town of Baileyton, as recorded on June 2, 2025. The contract value is $5,515,000.

How much is the Alabama Water Pollution Control Authority contract with Town of Baileyton worth?

The Alabama Water Pollution Control Authority contract with Town of Baileyton is valued at $5,515,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in cullman-city-council-minutes-sanitary-sewer-community-theater-projects-jun-2-2025_075.md (Minutes), dated June 2, 2025 from Town of Baileyton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alabama Water Pollution Control Authority hold?

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

View Alabama Water Pollution Control Authority's profile

What is Town of Baileyton currently buying?

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

View Town of Baileyton's profile

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