Five-year plan envisions $250,000 loan for utility
Noank Fire DistrictFire District · Groton, CT- Disclosed value
- $250,000
- From minutes
- Document date
- Dec 4, 2025
- Term
- 5 years
The 30-second brief
The Water Company superintendent outlined a five-year plan that includes obtaining a $250,000 loan to fund work and preventative maintenance needed to position the utility for possible sale or continued independent operation and to leverage a $1,000,000 federal grant. The committee discussed the proposal in the context of the 2026 budget but did not formally approve the borrowing.
Water Company holds this financial services contract with Noank Fire District. Its other public contracts on record include work for Town of Friendship and City of San Joaquin.
Term as filed: 5 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $250,000
- Document date
- December 4, 2025
- Term
- 5 years
- Vendor
- Water Company
- Agency
- Noank Fire District
- Source document
- Noank Fire District Minutes Special Meeting 2025-12-04 (Minutes)
Water Company's other public contracts
More Noank Fire District contracts
Questions about this contract
Who was awarded the financial services contract by Noank Fire District?
Water Company was awarded this financial services contract by Noank Fire District, as recorded on December 4, 2025. The contract value is $250,000.
How much is the Water Company contract with Noank Fire District worth?
The Water Company contract with Noank Fire District is valued at $250,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Noank Fire District Minutes Special Meeting 2025-12-04 (Minutes), dated December 4, 2025 from Noank Fire District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Water Company hold?
Water Company 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 Noank Fire District currently buying?
Explore Noank Fire District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.