FINANCIAL_SERVICESAPPROVED

Town of Pima Awards Financial Services Contract to Greater Arizona Development Authority (June 2026)

The Town of Pima approved a Loan Repayment Agreement with the Greater Arizona Development Authority for a loan not to exceed $750,000 to fund sanitary sewer infrastructure under SR70. The loan will be repaid from excise taxes and state shared revenues over a term structured through 2046 under GADA’s Series 2026A bond issue.

Document date · June 9, 2026

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $750,000
Contract type
FINANCIAL_SERVICES
Contract term
Dated as of July 1, 2026; debt service schedule runs 01/01/2027 through 07/01/2046
Renewal date
2046-07-01
Renewal
Long-term loan obligation under GADA Infrastructure Revenue Bonds Series 2026A; may be prepaid subject to notice and prepayment provisions. No automatic renewals; obligation ends upon final maturity in 2046.
Document type
AgendaPacket
Source document
Pima Town Council AgendaPacket 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Pima?

Greater Arizona Development Authority was awarded this financial services contract by Town of Pima, as recorded on June 9, 2026. The contract value is Not to exceed $750,000.

How much is the Greater Arizona Development Authority contract with Town of Pima worth?

The Greater Arizona Development Authority contract with Town of Pima is valued at Not to exceed $750,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Pima Town Council AgendaPacket 2026-06-09 (AgendaPacket), dated June 9, 2026 from Town of Pima. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Greater Arizona Development Authority hold?

Greater Arizona Development Authority 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 Greater Arizona Development Authority's profile

What is Town of Pima currently buying?

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

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