FINANCIAL_SERVICESAPPROVED

City of Burlington Awards Financial Services Contract to Colorado Water Resources & Power Development Authority (September 2026)

The Colorado Water Resources and Power Development Authority approved Burlington's $13 million wastewater treatment facility financing. Burlington closed on the $4.5 million construction loan and $300,000 design loan on August 5, 2026, with an $8.5 million leveraged loan scheduled for November.

Document date · September 28, 2026

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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
$13 million total loan: $4.5 million direct loan, $1.5 million principal forgiveness, and $8.5 million leveraged loan; separate $300,000 engineering and design loan with 100% principal forgiveness
Contract type
FINANCIAL_SERVICES
Contract term
20 years; direct loan at 2.5% interest and leveraged loan at 4% interest
Renewal date
2046-08-05
Renewal
20-year loan obligations; no renewal provision stated.
Document type
AgendaPacket
Source document
City of Burlington AgendaPacket Regular Meeting 2026-09-28

Frequently asked questions

Common questions about this contract, answered from the record.

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

Colorado Water Resources & Power Development Authority was awarded this financial services contract by City of Burlington, as recorded on September 28, 2026. The contract value is $13 million total loan: $4.5 million direct loan, $1.5 million principal forgiveness, and $8.5 million leveraged loan; separate $300,000 engineering and design loan with 100% principal forgiveness.

How much is the Colorado Water Resources & Power Development Authority contract with City of Burlington worth?

The Colorado Water Resources & Power Development Authority contract with City of Burlington is valued at $13 million total loan: $4.5 million direct loan, $1.5 million principal forgiveness, and $8.5 million leveraged loan; separate $300,000 engineering and design loan with 100% principal forgiveness, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Burlington AgendaPacket Regular Meeting 2026-09-28 (AgendaPacket), dated September 28, 2026 from City of Burlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colorado Water Resources & Power Development Authority hold?

Colorado Water Resources & Power Development Authority 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 Colorado Water Resources & Power Development Authority's profile

What is City of Burlington currently buying?

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

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