CONTRACTAPPROVED

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

Disclosed value: Not to exceed $10,000,000.00; From minutes
Approved: Jun 2, 2026
Term: Ten-Year Term

What it covers

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.

Who holds it

Kihomac Inc holds this financial services contract with Davis County. Its other public contracts on record include work for Utah GOED Business Development Board | State of Utah and City of Layton.

What happens next

Term as filed: Ten-Year Term.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $10,000,000.00
Document date: June 2, 2026
Term: Ten-Year Term
Vendor: Kihomac Inc
Agency: Davis County
Source document: Davis County Board of Davis County Commissioners Minutes 2026-06-02 (Minutes)

Kihomac Inc's other public contracts

Utah GOED Business Development Board | State of Utah, UtahEDTIF Tax Incentive Approved for KIHOMAC · Sep 10, 2026Undisclosed Utah GOED Business Development Board | State of Utah, UtahEDTIF Tax Credit Recommended for KIHOMAC Expansion · Sep 10, 2026 City of Layton, UtahCity, Kihomac consider land-for-water credit agreement · Aug 20, 2026 City of Layton, UtahLand and Water Credit Agreement with Kihomac Approved · Aug 6, 2026Undisclosed Davis County, Utah$10 Million Industrial Development Bonds for Kihomac, Inc. · Jun 2, 2026 All Kihomac Inc contractsVendor profile

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Questions about this contract

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.

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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.

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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