City of Genola Awards Financial Services Contract to Utah Department of Environmental Quality Drinking Water Board (July 2023)
City of GenolaCity · MN- Disclosed value
- Not more than $3,000,000 in water revenue bonds; repayable principal $2,538,000 (includes $2,273,000 Series 2022 and $265,000 additional repayable amount; $265,000 principal forgiveness)
- From agendapacket
- Approved
- Jul 19, 2023
- Term
- Up to 40-year repayment term
- Renews
- Free account
The 30-second brief
Genola Town Council adopted a parameters resolution to issue up to $3,000,000 in no‑interest water revenue bonds to the Utah Department of Environmental Quality’s Drinking Water Board. The financing, with $2,538,000 repayable over up to 40 years and $265,000 in principal forgiveness, will fund a water tank, well, and related improvements.
Utah Department of Environmental Quality Drinking Water Board holds this financial services contract with City of Genola. Its other public contracts on record include work for Summit County and Town of Brian Head.
The renewal date is on record. A free account shows it, with the renewals for every City of Genola contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not more than $3,000,000 in water revenue bonds; repayable principal $2,538,000 (includes $2,273,000 Series 2022 and $265,000 additional repayable amount; $265,000 principal forgiveness)
- Document date
- July 19, 2023
- Term
- Up to 40-year repayment term
- Renews
- Free account
- Agency
- City of Genola
- Source document
- Town of Genola AgendaPacket Town Council Regular Meeting 2023-07-19 (AgendaPacket)
Utah Department of Environmental Quality Drinking Water Board's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Genola?
Utah Department of Environmental Quality Drinking Water Board was awarded this financial services contract by City of Genola, as recorded on July 19, 2023. The contract value is Not more than $3,000,000 in water revenue bonds; repayable principal $2,538,000 (includes $2,273,000 Series 2022 and $265,000 additional repayable amount; $265,000 principal forgiveness).
How much is the Utah Department of Environmental Quality Drinking Water Board contract with City of Genola worth?
The Utah Department of Environmental Quality Drinking Water Board contract with City of Genola is valued at Not more than $3,000,000 in water revenue bonds; repayable principal $2,538,000 (includes $2,273,000 Series 2022 and $265,000 additional repayable amount; $265,000 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 Town of Genola AgendaPacket Town Council Regular Meeting 2023-07-19 (AgendaPacket), dated July 19, 2023 from City of Genola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Utah Department of Environmental Quality Drinking Water Board hold?
Utah Department of Environmental Quality Drinking Water Board 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 Genola currently buying?
Explore City of Genola's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.