USDA rural development loan backing water system bonds
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Description
Scatchet Head Water District approved a USDA Rural Development loan resolution authorizing $2,500,000 in bonded indebtedness to finance acquisition, construction, and improvement of its water facilities. USDA will assist with planning, financing, and may purchase the bonds under the Consolidated Farm and Rural Development Act.
Contract Details
Contract Amount
Two Million Five Hundred Thousand & 00/100
Vendor
UNITED STATES DEPARTMENT OF AGRICULTURE
Agency
Scatchet Head Water District, WA
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Renewal Info
Single bonded indebtedness under USDA Rural Development; no recurring renewal terms stated. Bonds remain subject to USDA covenants as long as they are held or insured by the Government or assignee.
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Scatchet Head Water District Resolution 2026-6 System Upgrade Project
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