Westminster Plans $16 Million Water Reuse Financing
City of WestminsterCity · Westminster, MD- Disclosed value
- Two loans: up to $9,000,000 and up to $7,000,000; total not to exceed $16,000,000
- From agenda
- Document date
- Nov 9, 2026
The 30-second brief
Westminster is scheduled to authorize up to $16 million in Maryland Water Infrastructure Financing Administration loans for its Water Reuse Project. The package includes a $9 million base loan and a $7 million principal-forgiveness loan, with expected closing in December 2026.
Maryland Water Infrastructure Financing Administration holds this financial services contract with City of Westminster. Its other public contracts on record include work for Town of Berlin and Prince George's County.
Term as filed: Expected closing in December 2026; Series 2026A debt service begins February 1, 2028 with 30 principal installments; Series 2026B subject to a 10-year forgiveness period following issuance.
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Contract details
- Contract type
- Financial Services
- Amount
- Two loans: up to $9,000,000 and up to $7,000,000; total not to exceed $16,000,000
- Document date
- November 9, 2026
- Term
- Expected closing in December 2026; Series 2026A debt service begins February 1, 2028 with 30 principal installments; Series 2026B subject to a 10-year forgiveness period following issuance
- Agency
- City of Westminster
- Source document
- City of Westminster Agenda November 9, 2026 (Agenda)
Maryland Water Infrastructure Financing Administration's other public contracts
More City of Westminster contracts
Questions about this contract
Who was awarded the financial services contract by City of Westminster?
Maryland Water Infrastructure Financing Administration was awarded this financial services contract by City of Westminster, as recorded on November 9, 2026. The contract value is Two loans: up to $9,000,000 and up to $7,000,000; total not to exceed $16,000,000.
How much is the Maryland Water Infrastructure Financing Administration contract with City of Westminster worth?
The Maryland Water Infrastructure Financing Administration contract with City of Westminster is valued at Two loans: up to $9,000,000 and up to $7,000,000; total not to exceed $16,000,000, 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 Westminster Agenda November 9, 2026 (Agenda), dated November 9, 2026 from City of Westminster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Maryland Water Infrastructure Financing Administration hold?
Maryland Water Infrastructure Financing Administration may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Westminster currently buying?
Explore City of Westminster's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
