FINANCIAL_SERVICESONGOING

Long-term loan supports Creede sewer system upgrades

Creede’s sewer operations enterprise continues a $1,000,000 low-interest loan from the Colorado Water Resources & Power Development Authority to replace the sewer collection system. The loan originated in late 2021 at 1.5% interest and is scheduled to be repaid by May 1, 2052, with annual payments of $41,982.

Status
ONGOING
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Colorado Water Resources & Power Development Authority
Agency
Town of City of Creede · CO

Trusted by teams at

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
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
$1,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Date of Origin December 17, 2021; Date of Retirement May 1, 2052 (approximately 30.5 years)
Renewal date
2052-05-01
Renewal
No renewals specified; fixed-term loan scheduled to retire on May 1, 2052 under Ordinance #432.
Document type
Budget
Source document
City of Creede Budget 2026 Amendment 2026-08-04

Related contracts

Other contracts from Colorado Water Resources & Power Development Authority.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of City of Creede?

Colorado Water Resources & Power Development Authority was awarded this financial services contract by Town of City of Creede, as recorded on August 4, 2026. The contract value is $1,000,000.

How much is the Colorado Water Resources & Power Development Authority contract with Town of City of Creede worth?

The Colorado Water Resources & Power Development Authority contract with Town of City of Creede is valued at $1,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Creede Budget 2026 Amendment 2026-08-04 (Budget), dated August 4, 2026 from Town of City of Creede. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colorado Water Resources & Power Development Authority hold?

Colorado Water Resources & Power Development Authority 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 Colorado Water Resources & Power Development Authority's profile

What is Town of City of Creede currently buying?

Explore Town of City of Creede's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of City of Creede's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free