City of Scappoose Awards Financial Services Contract to Business Oregon (June 2026)

The City of Scappoose approved entering into a loan agreement with Business Oregon's Special Public Works Fund for up to $2.5 million at 3.84% interest to finance the Basalt Well Project. Resolution 26-04 authorizes the Mayor to execute the contract and establishes repayment and tax-exempt status provisions.

Scope & details

The full contract record, as filed.

Contract amount

$2.5 million

Contract type

FINANCIAL_SERVICES

Renewal

State loan agreement from the Special Public Works Fund; the City does not expect to draw the full authorized amount. No renewal or extension terms are described in the minutes.

Document type

Minutes

Source document

Scappoose City Council Minutes 2026-06-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Scappoose?

Business Oregon was awarded this financial services contract by City of Scappoose, as recorded on June 15, 2026. The contract value is $2.5 million.

How much is the Business Oregon contract with City of Scappoose worth?

The Business Oregon contract with City of Scappoose is valued at $2.5 million, 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 Scappoose City Council Minutes 2026-06-15 (Minutes), dated June 15, 2026 from City of Scappoose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Business Oregon hold?

Business Oregon 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 Business Oregon's profile

What is City of Scappoose currently buying?

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

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