Board Advances Asset Sale to NW Natural
Taylor Mountain Water And Sewer DistrictUtility District · Idaho Falls, ID- Disclosed value
- $160,000 plus assumption of approximately $1.2 million sewer connection loan and other water liabilities; $24,000 holdback for 12 months
- From minutes
- Document date
- Jun 8, 2019
The 30-second brief
Taylor Mountain Water and Sewer District Board approved a resolution to pursue a sale of its water and sewer assets to NW Natural for $160,000 plus assumption of approximately $1.2 million in sewer connection debt and other water liabilities. The draft purchase agreement includes a three‑year sewer rate hold and a $24,000 holdback payable 12 months after closing, subject to PUC and DEQ approvals.
Nw Natural holds this contract with Taylor Mountain Water And Sewer District. Its other public contracts on record include work for Sunrise Water Authority and Skamania County Fire Protection District #1.
Term as filed: Sewer rates held constant for 3 years after closing, unless EIRWWA increases rates.
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Contract details
- Amount
- $160,000 plus assumption of approximately $1.2 million sewer connection loan and other water liabilities; $24,000 holdback for 12 months
- Document date
- June 8, 2019
- Term
- Sewer rates held constant for 3 years after closing, unless EIRWWA increases rates
- Vendor
- Nw Natural
- Source document
- tmwsd_board_minutes_june_2019.pdf (Minutes)
Nw Natural's other public contracts
More Taylor Mountain Water And Sewer District contracts
Questions about this contract
Who was awarded the government contract by Taylor Mountain Water And Sewer District?
Nw Natural was awarded this government contract by Taylor Mountain Water And Sewer District, as recorded on June 8, 2019. The contract value is $160,000 plus assumption of approximately $1.2 million sewer connection loan and other water liabilities; $24,000 holdback for 12 months.
How much is the Nw Natural contract with Taylor Mountain Water And Sewer District worth?
The Nw Natural contract with Taylor Mountain Water And Sewer District is valued at $160,000 plus assumption of approximately $1.2 million sewer connection loan and other water liabilities; $24,000 holdback for 12 months.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in tmwsd_board_minutes_june_2019.pdf (Minutes), dated June 8, 2019 from Taylor Mountain Water And Sewer District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nw Natural hold?
Nw Natural may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Taylor Mountain Water And Sewer District currently buying?
Explore Taylor Mountain Water And Sewer District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.