FINANCIAL_SERVICESAPPROVED

City of Parowan Awards Financial Services Contract to Parowan City Council (July 2026)

Parowan City Council adopted Resolution 2026-12 authorizing up to $12,000,000 in repayable water revenue bonds to fund water system improvements. The Mayor and City Manager are empowered as a pricing committee to finalize bond terms within the approved parameters.

Status
APPROVED
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Parowan City Council
Agency
City of Parowan · UT

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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
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
Maximum repayable amount of $12,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Up to thirty-five (35) years; anticipated repayable principal not to exceed $9,675,000 over thirty (30) years
Renewal date
2061-07-23
Renewal
Bond authorization sets parameters for future series issuance; no automatic renewal but refinancing or additional series could be approved by subsequent resolutions.
Document type
AgendaPacket
Source document
Parowan City AgendaPacket July 23, 2026

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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 Parowan?

Parowan City Council was awarded this financial services contract by City of Parowan, as recorded on July 23, 2026. The contract value is Maximum repayable amount of $12,000,000.

How much is the Parowan City Council contract with City of Parowan worth?

The Parowan City Council contract with City of Parowan is valued at Maximum repayable amount of $12,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Parowan City AgendaPacket July 23, 2026 (AgendaPacket), dated July 23, 2026 from City of Parowan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Parowan City Council hold?

Parowan City Council 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 Parowan City Council's profile

What is City of Parowan currently buying?

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

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