City of Moberly Agenda Packet 2026-06-01
City Enters $2.3M Landfill Obligation Pact With MoDNR
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Description
The City of Moberly is authorizing a Contract of Obligation with the Missouri Department of Natural Resources to provide $2,299,681.00 in financial assurance for landfill post-closure care, replacing its existing obligation bond and associated $40,000 annual premiums. The agreement allows the state to withhold funds if the city fails to meet post-closure requirements.
Contract Details
Contract Amount
$2,299,681.00
Vendor
MISSOURI DEPARTMENT OF NATURAL RESOURCES
Agency
City of Moberly, MO
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Renewal Info
Contract remains in force until MoDNR issues written release from financial assurance requirements or the city posts an acceptable alternative instrument and MoDNR acknowledges it in writing.
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