Clinton City to Issue $3.9 Million Water Revenue Bonds to State Board

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $3,900,000

Contract type

FINANCIAL_SERVICES

Contract term

Up to 20 years (not more than 20 years), estimated 15 years at 3.09% interest (not to exceed 4%)

Renewal date

2046-01-13

Renewal

Bond is for new financing. Parameters include max $3.9M principal, max 20 years, max 4% interest. No renewal; single-issue with potential for future amendments if needed.

Document type

Agenda

Source document

Clinton City Council Agenda January 13 2026

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clinton_city_council_meeting_minutes_november_12_2.pdf

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clinton_city_council_resolution_14_25_authorizatio.pdf

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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 Clinton?

Utah Board of Water Resources was awarded this financial services contract by City of Clinton, as recorded on January 13, 2026. The contract value is Not to exceed $3,900,000.

How much is the Utah Board of Water Resources contract with City of Clinton worth?

The Utah Board of Water Resources contract with City of Clinton is valued at Not to exceed $3,900,000, 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 Clinton City Council Agenda January 13 2026 (Agenda), dated January 13, 2026 from City of Clinton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Utah Board of Water Resources hold?

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