City Proposes $3.2 Million Transportation Loan
- Disclosed value
- Not to exceed $3,200,000.00
- From agenda
- Document date
- Nov 14, 2026
The 30-second brief
The City Council agenda introduces a direct loan agreement and promissory note with the Missouri Transportation Finance Corporation. The loan would be capped at $3.2 million for the North Main Street Extension road and pedestrian improvements.
Missouri Transportation Finance Corporation (Mtfc) holds this financial services contract with City of St. Charles.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $3,200,000.00
- Document date
- November 14, 2026
- Vendor
- Missouri Transportation Finance Corporation (Mtfc)
- Agency
- City of St. Charles
- Source document
- City of Saint Charles Agenda 2026-11-17 (Agenda)
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Questions about this contract
Who was awarded the financial services contract by City of St. Charles?
Missouri Transportation Finance Corporation (Mtfc) was awarded this financial services contract by City of St. Charles, as recorded on November 14, 2026. The contract value is Not to exceed $3,200,000.00.
How much is the Missouri Transportation Finance Corporation (Mtfc) contract with City of St. Charles worth?
The Missouri Transportation Finance Corporation (Mtfc) contract with City of St. Charles is valued at Not to exceed $3,200,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Saint Charles Agenda 2026-11-17 (Agenda), dated November 14, 2026 from City of St. Charles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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