CONTRACTAPPROVED

City of Montgomery Awards Financial Services Contract to Usda Rural Development (October 2026)

Disclosed value: Up to $7.75 million at 4.625%; From report
Approved: Oct 15, 2026
Term: 40 years

What it covers

Montgomery approved a USDA Rural Development loan of up to $7.75 million at 4.625% for 40 years. The loan will finance the fire station and is planned to retire temporary construction bonds after completion.

Who holds it

Usda Rural Development holds this financial services contract with City of Montgomery. Its other public contracts on record include work for City of Whitewood and City of Clare.

What happens next

Term as filed: 40 years.

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Contract details

Contract type: Financial Services
Amount: Up to $7.75 million at 4.625%
Document date: October 15, 2026
Term: 40 years
Vendor: Usda Rural Development
Agency: City of Montgomery
Source document: Montgomery Report Montgomery Fire Station Project Facts 2026-10-15 (Report)

Usda Rural Development's other public contracts

City of Whitewood, South DakotaWhitewood Approves USDA Infrastructure Payments · Nov 2, 2026$4.5K City of Clare, MichiganClare Pays USDA Rural Development Program Charge · Nov 2, 2026$24.2K Russian River County Water Dist, CaliforniaDistrict Plans USDA Loan for Tank Project · Oct 26, 2026$1.2M Town of Concrete, WashingtonUSDA Rural Development Sewer Loan Serviced · Oct 24, 2026$8.9K Bear Lake village, MichiganVillage Approves USDA Rural Development Water Payment · Oct 22, 2026$11.7K All Usda Rural Development contractsVendor profile

More City of Montgomery contracts

BCIBCI Considered for Fire Station Construction Role · Oct 15, 2026Undisclosed ANKENYAnkeny Considered for Fire Station Construction Role · Oct 15, 2026Undisclosed Security Bank & Trust CompanySecurity Bank Financed Montgomery Police Facility · Oct 15, 2026Undisclosed APAP Considered for Fire Station Construction Role · Oct 15, 2026Undisclosed Ra MortonRA Morton Considered for Fire Station Construction Role · Oct 15, 2026Undisclosed All City of Montgomery activityAgency profile

Questions about this contract

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

Usda Rural Development was awarded this financial services contract by City of Montgomery, as recorded on October 15, 2026. The contract value is Up to $7.75 million at 4.625%.

How much is the Usda Rural Development contract with City of Montgomery worth?

The Usda Rural Development contract with City of Montgomery is valued at Up to $7.75 million at 4.625%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Montgomery Report Montgomery Fire Station Project Facts 2026-10-15 (Report), dated October 15, 2026 from City of Montgomery. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Usda Rural Development hold?

Usda Rural Development 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 Montgomery currently buying?

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

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