Stayton Authorizes DEQ Sewer System Loan Agreement
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Description
The City of Stayton authorized its City Manager to negotiate and execute a loan agreement with the Oregon Department of Environmental Quality for a $5,200,000 sanitary sewer collection system upgrade. The loan may receive up to 50% forgiveness upon successful completion of the project.
Contract Details
Contract Amount
$5,200,000 (up to 50% may be forgiven)
Vendor
OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY
Agency
City of Stayton, OR
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
Single loan authorization with potential forgiveness of up to 50% upon successful completion; no renewals or extensions are referenced in the resolution.
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