City of King Awards $417,798 Financial Services Contract to METRO (August 2026)

King City Council approved Resolution R-2026-11 authorizing an intergovernmental agreement with Metro for the Parks and Nature Bond Local Share Program, securing $417,798 for future parks, trails, habitat, and recreation capital projects. The funds must be committed to an eligible project by June 1, 2028 and used within ten years, and may serve as matching funds for other grants.

Scope & details

The full contract record, as filed.

Contract amount

$417,798

Contract type

FINANCIAL_SERVICES

Contract term

Funds must be spent within ten years; eligible project must be submitted by June 1, 2028

Renewal date

2036-06-01

Renewal

IGA requires King City to identify and submit an eligible project by June 1, 2028 and spend the funds within ten years; standard Metro reporting and compliance apply. No explicit renewal options mentioned.

Document type

Agenda

Source document

City of King City Agenda 2026-08-19

Related contracts

Other contracts from METRO.

View all →

City of Rivergrove Staff Report Rivergrove Article 3 Revisions 2026-08-21

ONGOING

City of Rivergrove, OregonAug 21, 2026

Washington County Board of Commissioners Agenda 2026-08-18

PENDING

Washington County, OregonAug 18, 2026

Calhoun CUSD #40 Agenda Regular School Board Meeting 2026-08-18

PENDING

Calhoun CUSD 40, IllinoisAug 18, 2026

North Boone Fire Protection District #3 Board of Trustees Meeting Agenda 2026-08-17

PENDING

North Boone Fire District #3, Illinoisnot to exceed $115000.00Aug 17, 2026

Gladstone City Council Agenda 2026-08-11

PENDING

City of Gladstone, Oregonfrom $780,138 to $852,315Aug 11, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

METRO was awarded this financial services contract by City of King, as recorded on August 19, 2026. The contract value is $417,798.

How much is the METRO contract with City of King worth?

The METRO contract with City of King is valued at $417,798, 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 King City Agenda 2026-08-19 (Agenda), dated August 19, 2026 from City of King. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does METRO hold?

METRO 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 METRO's profile

What is City of King currently buying?

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

View City of King's profile

City of King Awards $417,798 Financial Services Contract to METRO (August 2026)

Scope & details

Related contracts

Frequently asked questions

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

How much is the METRO contract with City of King worth?

What type of contract is this?

Where was this contract approved?

What other contracts does METRO hold?

What is City of King currently buying?

Bring us your territory.We'll show you what is forming.

Bring us your territory.
We'll show you what is forming.