Revelstoke Maintains Long-Term MFA Debt Portfolio | City of Revelstoke | MUNICIPAL FINANCE AUTHORITY (MFA)

Scope & details

The full contract record, as filed.

Contract amount

Approximately $11.6 million outstanding long-term debt (general and utility)

Contract type

FINANCIAL_SERVICES

Contract term

Debt due to be fully repaid by 2048; general debt expiring in 2037; individual issues typically refinanced at 10-year windows

Renewal

MFA issues are typically refinanced at 10-year windows, at which time the City may choose to fully pay out or refinance outstanding balances depending on prevailing interest rates.

Document type

AgendaPacket

Source document

City of Revelstoke AgendaPacket 2023-01-12

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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 Revelstoke?

Municipal Finance Authority (mfa) was awarded this financial services contract by City of Revelstoke, as recorded on January 12, 2023. The contract value is Approximately $11.6 million outstanding long-term debt (general and utility).

How much is the Municipal Finance Authority (mfa) contract with City of Revelstoke worth?

The Municipal Finance Authority (mfa) contract with City of Revelstoke is valued at Approximately $11.6 million outstanding long-term debt (general and utility), 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 City of Revelstoke AgendaPacket 2023-01-12 (AgendaPacket), dated January 12, 2023 from City of Revelstoke. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Finance Authority (mfa) hold?

Municipal Finance Authority (mfa) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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