City of Parowan Awards Financial Services Contract to State of Utah Department of Environmental Quality Drinking Water Board (July 2026)

Scope & details

The full contract record, as filed.

Contract amount

$9,675,000 principal; total funding $10,750,000 including $1,075,000 principal forgiveness; hardship grant assessment fee 2.00% per annum on unpaid principal

Contract type

FINANCIAL_SERVICES

Contract term

Approximately 30 years, with payments scheduled 2027 through 2057

Renewal date

2057-12-31

Renewal

Bond runs through 2057 with scheduled annual payments; no automatic renewal, but refunding or restructuring could occur under future resolutions.

Document type

AgendaPacket

Source document

Parowan City AgendaPacket July 23, 2026

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APPROVED

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town-of-green-meeting-minutes-2023-06-13_422.pdf

APPROVED

Town of Green, North DakotaJun 13, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

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

State of Utah Department of Environmental Quality Drinking Water Board was awarded this financial services contract by City of Parowan, as recorded on July 23, 2026. The contract value is $9,675,000 principal; total funding $10,750,000 including $1,075,000 principal forgiveness; hardship grant assessment fee 2.00% per annum on unpaid principal.

How much is the State of Utah Department of Environmental Quality Drinking Water Board contract with City of Parowan worth?

The State of Utah Department of Environmental Quality Drinking Water Board contract with City of Parowan is valued at $9,675,000 principal; total funding $10,750,000 including $1,075,000 principal forgiveness; hardship grant assessment fee 2.00% per annum on unpaid principal, 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 State of Utah Department of Environmental Quality Drinking Water Board hold?

State of Utah Department of Environmental Quality Drinking Water Board 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 State of Utah Department of Environmental Quality Drinking Water Board'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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