CONTRACTPENDING

City Proposes $3.2 Million Transportation Loan

City of St. Charles logoCity of St. Charles
Disclosed value
Not to exceed $3,200,000.00
From agenda
Document date
Nov 14, 2026

The 30-second brief

What it covers

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.

Who holds it

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)
Source document
City of Saint Charles Agenda 2026-11-17 (Agenda)

More City of St. Charles contracts

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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What is City of St. Charles currently buying?

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