FINANCIAL_SERVICESAPPROVED

Colorado Water Resources and Power Development Authority Board Meeting Agenda October 2025

Eureka Water Authority Receives $1.142M State Loan

$1,142,000 (30-year loan at 1.75%); includes $735,921 principal forgivenessColorado Water Resources & Power Development AuthorityEUREKA WATER AUTHORITYOctober 3, 2025

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Description

CWRPDA unanimously approved a $1.142 million, 30-year DWRF loan (with $735,921 principal forgiveness) for Eureka Water Authority. Funding supports drinking water infrastructure upgrades and eventual AVC connection.

Contract Details

Contract Amount

$1,142,000 (30-year loan at 1.75%); includes $735,921 principal forgiveness

Vendor

EUREKA WATER AUTHORITY

Agency

Colorado Water Resources & Power Development Authority, CO

Contract Type

FINANCIAL_SERVICES

Document Date

October 3, 2025

Contract Term

30 years at 1.75%

Renewal Date

2055-08-31

Renewal Info

Standard loan terms; principal forgiveness as specified. No auto-renewal.

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Colorado Water Resources and Power Development Authority Agenda Packet August 2025

PENDING

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Otero County Board of Commissioners Agenda June 10 2024

APPROVED

Otero County (Colorado)June 10, 2024

crowley-county-board-of-county-commissioners-meeting-minutes-march-18-2024_f4b.pdf

approved

Crowley County (Colorado)NAMarch 18, 2024

Issuing Agency

Colorado Water Resources & Power Development Authority

State

View agency profile

Vendor