Timberline Preferred for District Fire Station Financing
Clifton Fire Protection DistrictFire District · Clifton, CO- Disclosed value
- Illustrative loan amounts of $17,287,610 and $13,500,000; 1% loan-origination fee; $500 processing fee; legal, appraisal, and other costs not to exceed $100,000
- From minutes
- Document date
- Sep 23, 2026
The 30-second brief
The Clifton Fire Protection District identified Timberline Bank as its preferred financing institution for the fire station project. Timberline presented illustrative loans of $17.29 million and $13.5 million, subject to continued negotiation, underwriting, and final Board approval.
Timberline Bank holds this financial services contract with Clifton Fire Protection District. Its other public contracts on record include work for Mesa County Valley School District 51 and Caprock Academy.
Term as filed: 18-month construction draw period followed by a fully amortized loan; primary repayment scenario was 25 years, with 25- and 30-year scenarios discussed.
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Contract details
- Contract type
- Financial Services
- Amount
- Illustrative loan amounts of $17,287,610 and $13,500,000; 1% loan-origination fee; $500 processing fee; legal, appraisal, and other costs not to exceed $100,000
- Document date
- September 23, 2026
- Term
- 18-month construction draw period followed by a fully amortized loan; primary repayment scenario was 25 years, with 25- and 30-year scenarios discussed
- Vendor
- Timberline Bank
- Source document
- Clifton Fire Protection District Minutes Regular Meeting September 23, 2026 (Minutes)
Timberline Bank's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Clifton Fire Protection District?
Timberline Bank was awarded this financial services contract by Clifton Fire Protection District, as recorded on September 23, 2026. The contract value is Illustrative loan amounts of $17,287,610 and $13,500,000; 1% loan-origination fee; $500 processing fee; legal, appraisal, and other costs not to exceed $100,000.
How much is the Timberline Bank contract with Clifton Fire Protection District worth?
The Timberline Bank contract with Clifton Fire Protection District is valued at Illustrative loan amounts of $17,287,610 and $13,500,000; 1% loan-origination fee; $500 processing fee; legal, appraisal, and other costs not to exceed $100,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Clifton Fire Protection District Minutes Regular Meeting September 23, 2026 (Minutes), dated September 23, 2026 from Clifton Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Timberline Bank hold?
Timberline 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.
What is Clifton Fire Protection District currently buying?
Explore Clifton Fire Protection District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.