town-of-la-plata-town-council-meeting-minutes-july-29-2025_732.pdf
La Plata Introduces USDA Sewer Bond Financing Ordinance
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Description
The Town of La Plata introduced Ordinance 25-07 to authorize issuance and private sale of two general obligation installment bonds, not exceeding $4,842,000 and $2,720,000, to the United States of America acting through USDA. The financing will support Sewer System Project One and be backed by sewer system revenues and the Town’s full faith and credit.
Contract Details
Contract Amount
One bond not to exceed $4,842,000 and one bond not to exceed $2,720,000
Vendor
UNITED STATES OF AMERICA ACTING THROUGH THE UNITED STATES DEPARTMENT OF AGRICULTURE
Agency
Town of La Plata, MD
Contract Type
FINANCIAL_SERVICES
Document Date
July 29, 2025
Renewal Info
Single-issuance general obligation installment bonds; no renewal terms stated in the ordinance introduction.
More from UNITED STATES OF AMERICA ACTING THROUGH THE UNITED STATES DEPARTMENT OF AGRICULTURE
Related Contracts
Vendor
UNITED STATES OF AMERICA ACTING THROUGH THE UNITED STATES DEPARTMENT OF AGRICULTURE
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