FINANCIAL_SERVICESPENDING

County weighs $10M bond financing for Kihomac facility

Davis County is considering issuing up to $10 million in Industrial Development Revenue Bonds to finance a manufacturing facility and related improvements for Kihomac, Inc. The bonds will be repaid solely from loan payments under a loan agreement with the company and its lender over a ten‑year term.

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

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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
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
Up to $10,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Ten-Year Term starting 06/01/2026
Renewal date
2036-06-01
Renewal
Industrial Development Revenue Bonds, Series 2026, with a ten‑year repayment term; no renewal provisions described.
Document type
Agenda
Source document
Davis County Agenda Regular Meeting 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 Up to $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 Up to $10,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Davis County Agenda Regular Meeting 2026-06-02 (Agenda), 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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