CONTRACTONGOING

Airport Authority Requests $2.723 Million Credit Draw

Disclosed value: $10,000,000 line of credit; $2,723,000 draw request; From minutes
Document date: Aug 18, 2026

What it covers

The Duluth Airport Authority continued using its $10 million line of credit with the City of Duluth to bridge construction costs pending grant reimbursements. The Authority requested a $2.723 million draw and reported an outstanding balance of approximately $1.2 million.

Who holds it

City of Duluth holds this financial services contract with Duluth Airport Authority. Its other public contracts on record include work for Duluth Public School District and St. Louis County.

What happens next

Term as filed: Beginning January 1, 2026; end date not specified.

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Contract details

Contract type: Financial Services
Amount: $10,000,000 line of credit; $2,723,000 draw request
Document date: August 18, 2026
Term: Beginning January 1, 2026; end date not specified
Vendor: City of Duluth
Agency: Duluth Airport Authority
Source document: Duluth Airport Authority Minutes Regular Meeting August 18, 2026 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by Duluth Airport Authority?

City of Duluth was awarded this financial services contract by Duluth Airport Authority, as recorded on August 18, 2026. The contract value is $10,000,000 line of credit; $2,723,000 draw request.

How much is the City of Duluth contract with Duluth Airport Authority worth?

The City of Duluth contract with Duluth Airport Authority is valued at $10,000,000 line of credit; $2,723,000 draw request, 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 Duluth Airport Authority Minutes Regular Meeting August 18, 2026 (Minutes), dated August 18, 2026 from Duluth Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Duluth hold?

City of Duluth 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 Duluth Airport Authority currently buying?

Explore Duluth Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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