Reclamation District 2035 Awards Financial Services Contract to Farmers & Merchants ("F&m") Bank (August 2026)
Reclamation District 2035Special District · Woodland, CA- Disclosed value
- $6.2 million
- From agendapacket
- Approved
- Aug 31, 2026
- Renews
- Free account
The 30-second brief
Reclamation District 2035 approved a $6.2 million, 15-year loan agreement with Farmers & Merchants Bank to finance the Road 27 Drainage Pump Station Emergency Restoration Project. The variable-rate loan includes semi-annual payments of $306,628 beginning January 15, 2027 and is backed by special assessments structured to absorb potential rate increases.
Farmers & Merchants ("F&m") Bank holds this financial services contract with Reclamation District 2035.
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Contract details
- Contract type
- Financial Services
- Amount
- $6.2 million
- Document date
- August 31, 2026
- Term
- 15-year loan; principal and interest payments of $306,628 due semi-annually beginning January 15, 2027
- Renews
- On record
- Vendor
- Farmers & Merchants ("F&m") Bank
- Source document
- Reclamation District 2035 AgendaPacket Special Meeting August 31, 2026 (AgendaPacket)
More Reclamation District 2035 contracts
Questions about this contract
Who was awarded the financial services contract by Reclamation District 2035?
Farmers & Merchants ("F&m") Bank was awarded this financial services contract by Reclamation District 2035, as recorded on August 31, 2026. The contract value is $6.2 million.
How much is the Farmers & Merchants ("F&m") Bank contract with Reclamation District 2035 worth?
The Farmers & Merchants ("F&m") Bank contract with Reclamation District 2035 is valued at $6.2 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Reclamation District 2035 AgendaPacket Special Meeting August 31, 2026 (AgendaPacket), dated August 31, 2026 from Reclamation District 2035. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Reclamation District 2035 currently buying?
Explore Reclamation District 2035's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.