FINANCIAL_SERVICESAMENDED

Springdale revises Series 2022B water bond schedule

Springdale adopted an ordinance amending Ordinance No. 5717 to revise the repayment schedule on its Water and Sewer Revenue Bond, Series 2022B, issued under a bond purchase agreement with the Arkansas Natural Resources Commission and Arkansas Development Finance Authority. The amendment reamortizes an outstanding principal balance of $1,090,718.04 with semiannual payments running through April 15, 2034.

Status
AMENDED
Document date
July 8, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Arkansas Natural Resources Commission
Agency
City of Springdale · AR

Trusted by teams at

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
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
$1,090,718.04 outstanding principal
Contract type
FINANCIAL_SERVICES
Contract term
Repayment installments from October 15, 2025 through April 15, 2034
Renewal date
2034-04-15
Renewal
Supplement to the May 22, 2022 Series 2022B Bond Purchase Agreement reamortizes the remaining principal and replaces the original amortization schedule; original maximum principal was $2,054,083 and Series 2022C has been fully forgiven.
Document type
Agenda
Source document
springdale_city_council_regular_meeting_agenda_jul.pdf

Related contracts

Other contracts from Arkansas Natural Resources Commission.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Arkansas Natural Resources Commission was awarded this financial services contract by City of Springdale, as recorded on July 8, 2025. The contract value is $1,090,718.04 outstanding principal.

How much is the Arkansas Natural Resources Commission contract with City of Springdale worth?

The Arkansas Natural Resources Commission contract with City of Springdale is valued at $1,090,718.04 outstanding principal, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in springdale_city_council_regular_meeting_agenda_jul.pdf (Agenda), dated July 8, 2025 from City of Springdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arkansas Natural Resources Commission hold?

Arkansas Natural Resources Commission 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 Arkansas Natural Resources Commission's profile

What is City of Springdale currently buying?

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

View City of Springdale's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free