City of Bandon Resolution 26-06 CWSRF Financing Wastewater Facilities Planning
Bandon Authorizes DEQ CWSRF Wastewater Planning Loan
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Description
The City of Bandon authorized its City Manager to accept up to $100,000 in Clean Water State Revolving Fund financing from the Oregon Department of Environmental Quality to support wastewater facilities planning and related improvements. The low-interest loan may include principal forgiveness, with final terms determined at loan execution after inclusion in DEQ’s Intended Use Plan.
Contract Details
Contract Amount
$100,000 (forgivable loan)
Vendor
OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY
Agency
City of Bandon, OR
Contract Type
FINANCIAL_SERVICES
Document Date
April 4, 2026
Renewal Info
One-time Clean Water State Revolving Fund financing with potential principal forgiveness; principal forgiveness amount and interest rate will be finalized at loan signing. No automatic renewal terms are described.
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