Cannon Beach Rural Fire Protection District Awards $1,500,000 Financial Services Contract to State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department (July 2026)

The Cannon Beach Rural Fire Protection District is entering into a Special Public Works Fund Development Project Financing Contract with the State of Oregon’s Infrastructure Finance Authority for a $1,500,000 loan at 5.22% to fund the Arch Cape Fire Station Expansion. The loan will reimburse eligible project costs and be repaid in level annual installments through December 1, 2057.

Scope & details

The full contract record, as filed.

Contract amount

$1,500,000

Contract type

FINANCIAL_SERVICES

Contract term

Loan dated upon full execution; Project Completion Deadline 36 months after contract date; Maturity Date December 1, 2057; repayments annually on December 1 beginning after Project Closeout Deadline

Renewal date

2057-12-01

Renewal

Fixed-term non-revolving loan under the Special Public Works Fund with no renewal; repayment continues annually until the December 1, 2057 maturity date unless prepaid.

Document type

AgendaPacket

Source document

Cannon Beach Rural Fire Protection District AgendaPacket Regular Meeting 2026-07-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cannon Beach Rural Fire Protection District?

State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department was awarded this financial services contract by Cannon Beach Rural Fire Protection District, as recorded on July 20, 2026. The contract value is $1,500,000.

How much is the State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department contract with Cannon Beach Rural Fire Protection District worth?

The State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department contract with Cannon Beach Rural Fire Protection District is valued at $1,500,000, 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 Cannon Beach Rural Fire Protection District AgendaPacket Regular Meeting 2026-07-20 (AgendaPacket), dated July 20, 2026 from Cannon Beach Rural Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department hold?

State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department 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 Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department's profile

What is Cannon Beach Rural Fire Protection District currently buying?

Explore Cannon Beach Rural Fire Protection District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Cannon Beach Rural Fire Protection District's profile

Cannon Beach Rural Fire Protection District Awards $1,500,000 Financial Services Contract to State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department (July 2026)

Scope & details

Frequently asked questions

Who was awarded the financial services contract by Cannon Beach Rural Fire Protection District?

How much is the State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department contract with Cannon Beach Rural Fire Protection District worth?

What type of contract is this?

Where was this contract approved?

What other contracts does State of Oregon Acting by & Through Its Oregon Infrastructure Finance Authority of the Oregon Business Development Department hold?

What is Cannon Beach Rural Fire Protection District currently buying?

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