City of Dundee OTIB loan for 9th Street project
City of DundeeCity · Dundee, OR- Disclosed value
- $1,387,433.00
- From agendapacket
- Document date
- Apr 7, 2026
- Renews
- Free account
The 30-second brief
The City of Dundee maintains a $1,387,433 loan agreement with the State of Oregon Department of Transportation’s Oregon Transportation Infrastructure Bank to finance SW 9th Street reconstruction, at 2.77% interest over ten years. The Dundee Urban Renewal Agency receives the loan proceeds and is committing tax increment revenues to support the City’s debt service payments.
State of Oregon Acting by & Through Its Department of Transportation holds this financial services contract with City of Dundee. Its other public contracts on record include work for Middle Rogue MPO and City of Prineville.
The renewal date is on record. A free account shows it, with the renewals for every City of Dundee contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $1,387,433.00
- Document date
- April 7, 2026
- Term
- Loan agreement dated November 16, 2023; ten-year term with interest at 2.77% annually, first payment December 1, 2024 and final payment anticipated December 2033
- Renews
- Free account
- Vendor
- State of Oregon Acting by & Through Its Department of Transportation
- Agency
- City of Dundee
- Source document
- Dundee Urban Renewal Agency AgendaPacket Meeting Agenda and Supporting Documents 2026-04-07 (AgendaPacket)
State of Oregon Acting by & Through Its Department of Transportation's other public contracts
More City of Dundee contracts
Questions about this contract
Who was awarded the financial services contract by City of Dundee?
State of Oregon Acting by & Through Its Department of Transportation was awarded this financial services contract by City of Dundee, as recorded on April 7, 2026. The contract value is $1,387,433.00.
How much is the State of Oregon Acting by & Through Its Department of Transportation contract with City of Dundee worth?
The State of Oregon Acting by & Through Its Department of Transportation contract with City of Dundee is valued at $1,387,433.00, 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 Dundee Urban Renewal Agency AgendaPacket Meeting Agenda and Supporting Documents 2026-04-07 (AgendaPacket), dated April 7, 2026 from City of Dundee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is City of Dundee currently buying?
Explore City of Dundee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.