FINANCIAL_SERVICESAPPROVED

Davis County Awards Financial Services Contract to Kihomac Inc (June 2026)

Davis County approved Resolution 2026-0020 to act as a conduit issuer for up to $10 million in Industrial Development Revenue Bonds to finance a new manufacturing facility for Kihomac, Inc. The ten‑year financing will be repaid solely by the company under a loan agreement with Kansas City Financial Corporation, with no financial liability to the County.

Status
APPROVED
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kihomac Inc
Agency
Davis County · UT

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $10,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Ten-Year Term
Renewal
Industrial Development Revenue Bonds, Series 2026, issued for a ten‑year term with repayment obligations resting solely on Kihomac, Inc. under a loan agreement; no renewal provisions are indicated.
Document type
Minutes
Source document
Davis County Board of Davis County Commissioners Minutes 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Davis County?

Kihomac Inc was awarded this financial services contract by Davis County, as recorded on June 2, 2026. The contract value is Not to exceed $10,000,000.00.

How much is the Kihomac Inc contract with Davis County worth?

The Kihomac Inc contract with Davis County is valued at Not to exceed $10,000,000.00, 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 Davis County Board of Davis County Commissioners Minutes 2026-06-02 (Minutes), dated June 2, 2026 from Davis County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kihomac Inc hold?

Kihomac Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kihomac Inc's profile

What is Davis County currently buying?

Explore Davis County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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