Vilonia Authorizes ANRC Wastewater Bond Financing

Vilonia City Council adopted Resolution 2026-PDR-003 authorizing the Mayor and City Clerk of the wastewater system to apply for funding administered by the Arkansas Natural Resources Commission and to execute bond purchase agreements for system improvements once approved. The action initiates a long-term financing process, with bonds expected to be repaid over 25–30 years.

Document date · August 18, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Bonds generally take 25–30 years to repay, on average

Renewal

Bond financing is anticipated to have a 25–30 year repayment period; future rate studies are required by ANRC every five years and may affect debt service over the term.

Document type

AgendaPacket

Source document

Vilonia City Council AgendaPacket 2026-08-18

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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 Vilonia?

Arkansas Natural Resources Commission was awarded this financial services contract by City of Vilonia, as recorded on August 18, 2026.

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 Vilonia City Council AgendaPacket 2026-08-18 (AgendaPacket), dated August 18, 2026 from City of Vilonia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arkansas Natural Resources Commission hold?

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