Southwest Missouri Joint Municipal Water Utility Commission Awards Financial Services Contract to DNR (April 2026)

The SWMO Joint Municipal Water Utility Commission authorized Executive Director Roddy Rogers to execute a DNR funding agreement that restructures project financing, including partial debt forgiveness and a long-term low-interest loan. DNR will initially pay roughly half of the Corps of Engineers reallocation costs, cover interim interest, and then convert the remaining balance into a 30‑year loan at about 2% interest.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Loan financing at approximately 2% over 30 years, with initial Corps payments over approximately four years and first DNR repayment due on day 364 after federal contract execution

Renewal

Financing transitions from Corps reallocation payments funded by DNR to a long-term DNR loan after DNR completes payments to the Corps. Approximately half of the total project cost is forgiven, with the remaining half financed over 30 years; first DNR repayment occurs on day 364 after federal contract execution.

Document type

Minutes

Source document

SWMO Joint Municipal Water Utility Special Called Board of Directors Meeting Minutes 2026-04-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southwest Missouri Joint Municipal Water Utility Commission?

DNR was awarded this financial services contract by Southwest Missouri Joint Municipal Water Utility Commission, as recorded on April 30, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in SWMO Joint Municipal Water Utility Special Called Board of Directors Meeting Minutes 2026-04-30 (Minutes), dated April 30, 2026 from Southwest Missouri Joint Municipal Water Utility Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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