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FINANCIAL_SERVICESONGOING

City of Rogue River Regular Council Meeting Agenda 2026-05-28

City Continues U.S. Bank Loan for Utility Infrastructure

$1,235,000City of Rogue RiverU.S. BANKMay 28, 2026

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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

Description

The City of Rogue River maintains a $1,235,000 loan with U.S. Bank under the Oregon Cities Financing Pool, refinancing prior debt for its wastewater treatment facility and 1.2 million gallon water reservoir. The 3.25% interest loan is repaid from user fees and scheduled for payoff in 2037.

Contract Details

Contract Amount

$1,235,000

Vendor

U.S. BANK

Agency

City of Rogue River, OR

Contract Type

FINANCIAL_SERVICES

Document Date

May 28, 2026

Contract Term

Loan to be repaid by 2037 at 3.25% interest; refinance of prior water and wastewater debt

Renewal Date

2037-12-31

Renewal Info

Existing loan under Oregon Cities Financing Pool with fixed maturity in 2037; no renewal or extension options are mentioned.

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