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

Oberlin City Council adopted Ordinance 26-59 AC CMS to participate in the Ohio Treasurer’s Market Access Program tied to American Municipal Power’s “on behalf of” financing. The action renews last year’s financing structure with a reduced amount of just under $9.5 million to fund electric transmission line construction and related equipment.

Scope & details

The full contract record, as filed.

Contract amount

Just under $9.5 million in financing authority

Contract type

FINANCIAL_SERVICES

Renewal

Financing arrangement renews a prior-year Market Access Program participation with a reduced borrowing cap; loans may be prepaid early without penalty under AMP program terms.

Document type

AgendaPacket

Source document

Oberlin City Council AgendaPacket 2026-08-17

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 August 17, 2026. The contract value is Just under $9.5 million in financing authority.

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 $9.5 million in financing authority, 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 Oberlin City Council AgendaPacket 2026-08-17 (AgendaPacket), dated August 17, 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

What is City of Oberlin currently buying?

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

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