Council Considers $50.9M Copper Ridge Tax-Exempt Loan
- Disclosed value
- $50,906,000 (estimated principal aggregate amount)
- From agenda
- Document date
- Oct 27, 2025
The 30-second brief
City Council will consider a resolution approving the issuance of a tax-exempt bank loan, Series 2025, by the Copper Ridge Metropolitan District in an estimated principal amount of $50,906,000 to finance district improvements. The agenda references a loan agreement and supporting financial documents without stating the loan term.
Copper Ridge Metropolitan District holds this financial services contract with City of Colorado Springs.
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Contract details
- Contract type
- Financial Services
- Amount
- $50,906,000 (estimated principal aggregate amount)
- Document date
- October 27, 2025
- Agency
- City of Colorado Springs
- Source document
- city-of-colorado-springs-work-session-meeting-agenda-october-27-2025_b48.md (Agenda)
Copper Ridge Metropolitan District's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Colorado Springs?
Copper Ridge Metropolitan District was awarded this financial services contract by City of Colorado Springs, as recorded on October 27, 2025. The contract value is $50,906,000 (estimated principal aggregate amount).
How much is the Copper Ridge Metropolitan District contract with City of Colorado Springs worth?
The Copper Ridge Metropolitan District contract with City of Colorado Springs is valued at $50,906,000 (estimated principal aggregate amount), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-colorado-springs-work-session-meeting-agenda-october-27-2025_b48.md (Agenda), dated October 27, 2025 from City of Colorado Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Copper Ridge Metropolitan District hold?
Copper Ridge Metropolitan 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.
What is City of Colorado Springs currently buying?
Explore City of Colorado Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.