FINANCIAL_SERVICESAPPROVED

City of Oberlin Awards Financial Services Contract to American Municipal Power Inc (July 2026)

Oberlin City Council adopted Ordinance 26-59 AC CMS to participate in the Ohio Treasurer's Market Access Program through American Municipal Power, Inc. for electric system improvement financing. The renewed arrangement provides just under $9.5 million in flexible loan funding, with no prepayment penalty and support for key transmission and equipment upgrades.

Document date · July 30, 2026

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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
Just under $9,500,000 (loan financing)
Contract type
FINANCIAL_SERVICES
Renewal
Minutes indicate this financing arrangement renews a prior year's AMP Market Access Program structure, offering flexibility and no prepayment penalty; specific maturity date or renewal options are not detailed.
Document type
Minutes
Source document
Oberlin City Council Special Meeting Minutes 2026-07-30

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Frequently asked questions

Common questions about this contract, answered from the record.

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

American Municipal Power Inc was awarded this financial services contract by City of Oberlin, as recorded on July 30, 2026. The contract value is Just under $9,500,000 (loan financing).

How much is the American Municipal Power Inc contract with City of Oberlin worth?

The American Municipal Power Inc contract with City of Oberlin is valued at Just under $9,500,000 (loan financing), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Oberlin City Council Special Meeting Minutes 2026-07-30 (Minutes), dated July 30, 2026 from City of Oberlin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Municipal Power Inc hold?

American Municipal Power Inc 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 American Municipal Power Inc's profile

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