FINANCIAL_SERVICESAPPROVED

Town of Hermosa Awards Financial Services Contract to South Dakota Conservancy District (March 2026)

The Town of Hermosa approved Resolution 2026-05 to enter into a Drinking Water State Revolving Fund Loan with the South Dakota Conservancy District, backed by a revenue bond not to exceed $1,980,000, to finance new well and water treatment improvements. Project revenues and a special surcharge are pledged to secure repayment in accordance with a Revenue Obligation Loan Agreement.

Status
APPROVED
Document date
March 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
South Dakota Conservancy District
Agency
Town of Hermosa · SD

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
Not to exceed $1,980,000
Contract type
FINANCIAL_SERVICES
Renewal
Revenue bond and SRF loan remain in effect until the Project Revenue Bond is defeased or paid in full; special surcharge automatically repeals at that time. Yearly review and possible adjustment of surcharge rates are required under Resolution 2026-06.
Document type
Resolution
Source document
Hermosa Town Board Resolution 2026-05 Water Improvements

Related contracts

Other contracts from South Dakota Conservancy District.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

South Dakota Conservancy District was awarded this financial services contract by Town of Hermosa, as recorded on March 20, 2026. The contract value is Not to exceed $1,980,000.

How much is the South Dakota Conservancy District contract with Town of Hermosa worth?

The South Dakota Conservancy District contract with Town of Hermosa is valued at Not to exceed $1,980,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hermosa Town Board Resolution 2026-05 Water Improvements (Resolution), dated March 20, 2026 from Town of Hermosa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does South Dakota Conservancy District hold?

South Dakota Conservancy District 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 South Dakota Conservancy District's profile

What is Town of Hermosa currently buying?

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

View Town of Hermosa'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