FINANCIAL_SERVICESONGOING

Oakridge Continues Infrastructure Authority Water Loan

Oakridge continues its Infrastructure Financing Authority loan for the 2017 Water Improvement Project. The financing included $2.653 million in original proceeds, $340,000 in additional proceeds related to contractor mediation, and $765,000 in forgiveness.

Document date · October 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Original loan amount $2,653,000; $765,000 forgiven; additional $340,000 in loan proceeds; outstanding balance $1,920,801 as of June 30, 2025
Contract type
FINANCIAL_SERVICES
Contract term
30 years; 1.00% interest
Renewal date
2045-12-31
Renewal
The City received an extension beyond the original December 2018 project completion date. The loan has a 30-year repayment term, and additional proceeds were provided for contractor-related mediation payments.
Document type
AgendaPacket
Source document
Oakridge AgendaPacket City Council Meeting 2026-10-15

Frequently asked questions

Common questions about this contract, answered from the record.

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

Infrastructure Financing Authority was awarded this financial services contract by City of Oakridge, as recorded on October 14, 2026. The contract value is Original loan amount $2,653,000; $765,000 forgiven; additional $340,000 in loan proceeds; outstanding balance $1,920,801 as of June 30, 2025.

How much is the Infrastructure Financing Authority contract with City of Oakridge worth?

The Infrastructure Financing Authority contract with City of Oakridge is valued at Original loan amount $2,653,000; $765,000 forgiven; additional $340,000 in loan proceeds; outstanding balance $1,920,801 as of June 30, 2025, 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 Oakridge AgendaPacket City Council Meeting 2026-10-15 (AgendaPacket), dated October 14, 2026 from City of Oakridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Infrastructure Financing Authority hold?

Infrastructure Financing Authority 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 Infrastructure Financing Authority's profile

What is City of Oakridge currently buying?

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

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