City of Conway AgendaPacket City Council Meeting 2026-05-26
City authorizes $1.36M bond for DW WH Conway
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Description
Conway approved a $1.36 million taxable industrial development revenue refunding bond for the DW WH Conway Project. The Series 2026B bond, maturing in 2037 at 4.00% interest, refinances real property at 600 Dave Ward Drive through a lease-backed structure.
Contract Details
Contract Amount
$1,360,000
Vendor
DW WH CONWAY LLC
Agency
City of Conway, AR
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Bond matures December 31, 2037 at 4.00% interest
Renewal Date
2037-12-31
Renewal Info
Refunding bond replaces part of the prior 2018 taxable industrial development revenue bond and runs through December 31, 2037.
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