City Continues Repayment of FCIB Woodcliff Loan

The City of Whitehall continues repayment of its $2 million Franklin County Infrastructure Bank loan for the Woodcliff Redevelopment Project, transferring $57,920.89 to cover the October 14, 2026 debt service installment. The loan amortizes in semiannual payments through final maturity on April 14, 2042.

Scope & details

The full contract record, as filed.

Contract amount

$2,000,000.00 original principal; $57,920.89 semiannual installment (principal $49,376.61, interest $8,544.28) due October 14, 2026

Contract type

FINANCIAL_SERVICES

Contract term

Loan originated 2023; semiannual payments April 14 and October 14; final maturity April 14, 2042

Renewal date

2042-04-14

Renewal

Long-term loan with fixed semiannual installments; final maturity April 14, 2042. Ordinance 084-2026 funds the October 14, 2026 payment; future installments continue until maturity.

Document type

AgendaPacket

Source document

City of Whitehall AgendaPacket Whitehall City Council Committee Meeting 2026-08-25

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Whitehall City Council Committee Meeting Agenda 2026-08-25

ONGOING

City of Whitehall, Ohio$2,000,000.00 original principal; $57,920.89 semiannual installment due October 14, 2026Aug 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Whitehall?

Franklin County Infrastructure Bank was awarded this financial services contract by City of Whitehall, as recorded on August 25, 2026. The contract value is $2,000,000.00 original principal; $57,920.89 semiannual installment (principal $49,376.61, interest $8,544.28) due October 14, 2026.

How much is the Franklin County Infrastructure Bank contract with City of Whitehall worth?

The Franklin County Infrastructure Bank contract with City of Whitehall is valued at $2,000,000.00 original principal; $57,920.89 semiannual installment (principal $49,376.61, interest $8,544.28) due October 14, 2026, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Whitehall AgendaPacket Whitehall City Council Committee Meeting 2026-08-25 (AgendaPacket), dated August 25, 2026 from City of Whitehall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Franklin County Infrastructure Bank hold?

Franklin County Infrastructure Bank 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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What is City of Whitehall currently buying?

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