CONTRACTAPPROVED

City of Delphos Awards Financial Services Contract to Port Authority of Allen County (October 2025)

City of Delphos
Disclosed value
$162,500 (5-year loan at 3% interest)
From resolution
Approved
Oct 6, 2025

The 30-second brief

What it covers

The City of Delphos Council approved entering into a 5‑year, 3% interest loan agreement with the Port Authority of Allen County to finance the city’s $162,500 share of the Ambrose Drive extension project. The resolution authorizes the Mayor and/or Safety Service Director to execute all necessary agreements, with the loan eligible for early payoff without penalty.

Who holds it

Port Authority of Allen County holds this financial services contract with City of Delphos. Its other public contracts on record include work for Allen County.

What happens next

Term as filed: 5-year loan at 3% interest; may be paid off early without penalty.

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Contract details

Contract type
Financial Services
Amount
$162,500 (5-year loan at 3% interest)
Document date
October 6, 2025
Term
5-year loan at 3% interest; may be paid off early without penalty
Source document
City of Delphos Resolution 2025-9 Loan Agreement (Resolution)

Port Authority of Allen County's other public contracts

More City of Delphos contracts

Questions about this contract

Who was awarded the financial services contract by City of Delphos?

Port Authority of Allen County was awarded this financial services contract by City of Delphos, as recorded on October 6, 2025. The contract value is $162,500 (5-year loan at 3% interest).

How much is the Port Authority of Allen County contract with City of Delphos worth?

The Port Authority of Allen County contract with City of Delphos is valued at $162,500 (5-year loan at 3% interest), 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 City of Delphos Resolution 2025-9 Loan Agreement (Resolution), dated October 6, 2025 from City of Delphos. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Port Authority of Allen County hold?

Port Authority of Allen County 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 City of Delphos currently buying?

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

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