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Queen Creek Considers $1.43M Debt Prepayment

Town of Queen Creek logoTown of Queen Creek
Disclosed value
$1,430,000
From agenda
Document date
Jun 4, 2025
Term
Until July 2028

The 30-second brief

What it covers

Town of Queen Creek considers principal prepayment of $1,430,000 to the Greater Arizona Development Authority for early redemption of 2014A obligations, potentially saving $12,115 in interest between 2025 and 2028.

Who holds it

Greater Arizona Development holds this loan repayment contract with Town of Queen Creek. Its other public contracts on record include work for Town of Wellton and Town of Queen Creek town.

What happens next

Term as filed: Until July 2028.

See who signed off on this $1.4M contract.

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Contract details

Contract type
Loan Repayment
Amount
$1,430,000
Document date
June 4, 2025
Term
Until July 2028
Vendor
Greater Arizona Development
Agency
Town of Queen Creek
Source document
town_of_queen_creek_council_meeting_agenda_june_20.pdf (Agenda)

Greater Arizona Development's other public contracts

Town of Wellton, ArizonaWellton to Finance Equipment Via GADA Loan · Aug 5, 2025$876.3KTown of Queen Creek, ArizonaQueen Creek Plans $1.4M Debt Prepayment · Jun 4, 2025$1.4MTown of Queen Creek town, ArizonaGreater Arizona Development Authority $1.43M early redemption prepayment · Jun 4, 2025$1.4MTown of Queen Creek town, ArizonaGreater Arizona Development Authority $1.43M early redemption · Jun 4, 2025$1.4MTown of Queen Creek town, ArizonaGreater Arizona Development Authority $1.43M early redemption prepayment · Jun 4, 2025$1.4MAll Greater Arizona Development contractsVendor profile

More Town of Queen Creek contracts

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Questions about this contract

Who was awarded the loan repayment contract by Town of Queen Creek?

Greater Arizona Development was awarded this loan repayment contract by Town of Queen Creek, as recorded on June 4, 2025. The contract value is $1,430,000.

How much is the Greater Arizona Development contract with Town of Queen Creek worth?

The Greater Arizona Development contract with Town of Queen Creek is valued at $1,430,000, covering loan repayment work.

What type of contract is this?

This is a Loan Repayment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town_of_queen_creek_council_meeting_agenda_june_20.pdf (Agenda), dated June 4, 2025 from Town of Queen Creek. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Greater Arizona Development hold?

Greater Arizona Development 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 Town of Queen Creek currently buying?

Explore Town of Queen Creek's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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