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City Utilizes Business Oregon Loan for Infrastructure

City of Burns logoCity of Burns
Disclosed value
$550,000
From agendapacket
Document date
Oct 21, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Burns is financing West B Street and IE Zone infrastructure through a $550,000 Special Public Works Fund loan from Business Oregon at 5.10% over 30 years, with annual payments of about $36,000 beginning in FY2027-28. The project closes out on October 21, 2026 and the initial bill is due by November 15.

Who holds it

Business Oregon holds this financial services contract with City of Burns. Its other public contracts on record include work for Port Of Cascade Locks and City of Canyonville.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Burns contract.

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Contract details

Contract type
Financial Services
Amount
$550,000
Document date
October 21, 2026
Term
30 years at 5.10% interest (about $36,000 per year, beginning in FY2027-28)
Renews
Free account
Vendor
Business Oregon
Agency
City of Burns
Source document
Burns Urban Renewal Agency AgendaPacket Work Session 2026-10-21 (AgendaPacket)

Business Oregon's other public contracts

City of Burns, OregonBusiness Oregon SPWF Loan Funds Burns Infrastructure · Oct 21, 2026$550KPort Of Cascade Locks, OregonPort Ratifies Business Oregon Loan Payment · Oct 19, 2026$108.9KCity of Canyonville, OregonCanyonville Approves Business Oregon Water Financing Award · Oct 19, 2026City of Port Orford, OregonPort Orford Seeks $6.48 Million Water Plant Financing · Oct 12, 2026City of Port Orford, OregonPort Orford Finalizes $750,000 Water Recycling Contract · Oct 12, 2026$750KAll Business Oregon contractsVendor profile

More City of Burns contracts

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Questions about this contract

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

Business Oregon was awarded this financial services contract by City of Burns, as recorded on October 21, 2026. The contract value is $550,000.

How much is the Business Oregon contract with City of Burns worth?

The Business Oregon contract with City of Burns is valued at $550,000, 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 Burns Urban Renewal Agency AgendaPacket Work Session 2026-10-21 (AgendaPacket), dated October 21, 2026 from City of Burns. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Business Oregon hold?

Business Oregon 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 Burns currently buying?

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

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