FINANCIAL_SERVICESPENDING

City to Participate in $4 Million SIB Loan for Road Projects

An intergovernmental agreement authorizes the city to participate in a $4 million State Infrastructure Bank loan to fund regional road improvements at Basil-Western Road. The city is responsible for 39% of debt service, to be offset by TIFs and developer fees.

Document date · February 2, 2026

Track City of Canal Winchester city contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Canal Winchester city.

Get started free

Create a free account · no credit card

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
$4,000,000 loan at 3% interest
Contract type
FINANCIAL_SERVICES
Contract term
20 years, first payment due 2029 after 3-year grace period
Renewal date
2049-02-01
Renewal
20-year loan; 3-year grace period before first payment; repayment by city and county per agreement.
Document type
Minutes
Source document
Canal Winchester Council Work Session Minutes February 2026

Related contracts

Other contracts from State Infrastructure Bank (sib).

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Canal Winchester city?

State Infrastructure Bank (sib) was awarded this financial services contract by City of Canal Winchester city, as recorded on February 2, 2026. The contract value is $4,000,000 loan at 3% interest.

How much is the State Infrastructure Bank (sib) contract with City of Canal Winchester city worth?

The State Infrastructure Bank (sib) contract with City of Canal Winchester city is valued at $4,000,000 loan at 3% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Canal Winchester Council Work Session Minutes February 2026 (Minutes), dated February 2, 2026 from City of Canal Winchester city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Infrastructure Bank (sib) hold?

State Infrastructure Bank (sib) 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 Infrastructure Bank (sib)'s profile

What is City of Canal Winchester city currently buying?

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

View City of Canal Winchester city's profile