Edmonson County Water District Awards Financial Services Contract to Kentucky Infrastructure Authority (May 2026)

The Kentucky Infrastructure Authority approved a Fund B loan of up to $841,383 to the East Clark County Water District to finance the Mt. Sterling Road and KY 89 water line upgrade project. The 20-year loan carries a 2.25% interest rate plus a 0.20% administrative fee, with semiannual payments beginning June 1, 2027 and a required maintenance and replacement reserve fund.

Scope & details

The full contract record, as filed.

Contract amount

Up to $841,383

Contract type

FINANCIAL_SERVICES

Contract term

May 1, 2026 – approximately June 1, 2047 (20-year repayment term beginning June 1, 2027)

Renewal date

2047-06-01

Renewal

Single 20-year construction loan with semiannual payments and no stated renewal or extension options. A Maintenance and Replacement Reserve Fund requires $2,100 deposits each December 1 until a $42,000 balance is reached and maintained for the life of the loan.

Document type

Agreement

Source document

Kentucky Infrastructure Authority Assistance Agreement B25-008 2026-05-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Edmonson County Water District?

Kentucky Infrastructure Authority was awarded this financial services contract by Edmonson County Water District, as recorded on May 1, 2026. The contract value is Up to $841,383.

How much is the Kentucky Infrastructure Authority contract with Edmonson County Water District worth?

The Kentucky Infrastructure Authority contract with Edmonson County Water District is valued at Up to $841,383, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Kentucky Infrastructure Authority Assistance Agreement B25-008 2026-05-01 (Agreement), dated May 1, 2026 from Edmonson County Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kentucky Infrastructure Authority hold?

Kentucky Infrastructure 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.

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What is Edmonson County Water District currently buying?

Explore Edmonson County Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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