CONTRACTAPPROVED

Geary County Awards Financial Services Contract to Usda Rural Development (May 2026)

Geary County
Disclosed value
$136,000.00 loan; $197,000.00 grant; $598,064.00 loan forgiveness; total construction cost $996,000.00
From minutes
Approved
May 11, 2026
Renews
Free account

The 30-second brief

What it covers

Geary County approved a financing package with USDA Rural Development for the Sewer #4 improvement project, including a $136,000 40-year loan at 2.875% interest, a $197,000 grant, and $598,064 in loan forgiveness toward the $996,000 total construction cost. The county executed the Loan Resolution, Request for Obligation of Funds, and Letter of Intent to Meet Conditions, with repayment planned through special assessments on platted lots.

Who holds it

Usda Rural Development holds this financial services contract with Geary County. Its other public contracts on record include work for City of Clare and City of Whitewood.

What happens next

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Contract details

Contract type
Financial Services
Amount
$136,000.00 loan; $197,000.00 grant; $598,064.00 loan forgiveness; total construction cost $996,000.00
Document date
May 11, 2026
Term
40-year note at 2.875% interest, rate locked until end of June 2026
Renews
On record
Source document
Geary County Commission Meeting Minutes May 11 2026 (Minutes)

Usda Rural Development's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Geary County?

Usda Rural Development was awarded this financial services contract by Geary County, as recorded on May 11, 2026. The contract value is $136,000.00 loan; $197,000.00 grant; $598,064.00 loan forgiveness; total construction cost $996,000.00.

How much is the Usda Rural Development contract with Geary County worth?

The Usda Rural Development contract with Geary County is valued at $136,000.00 loan; $197,000.00 grant; $598,064.00 loan forgiveness; total construction cost $996,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Geary County Commission Meeting Minutes May 11 2026 (Minutes), dated May 11, 2026 from Geary County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Usda Rural Development hold?

Usda Rural Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Geary County currently buying?

Explore Geary County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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