USDA Rural Development Water Loan Debt Service Continues
City of WillaminaCity · Willamina, OR- Disclosed value
- $27,308.73 principal and $25,503.27 interest (total $52,812.00) in FY 2026-2027
- From budget
- Document date
- May 13, 2026
The 30-second brief
Willamina’s FY 2026‑2027 budget includes $52,812 in scheduled debt service on a USDA Rural Development water revenue loan issued in 2002, supporting long‑term financing of water system improvements. The outstanding balance after this payment will be about $539,431.
Usda Rural Dev holds this financial services contract with City of Willamina. Its other public contracts on record include work for City of Bowdle and City of Rowan.
Term as filed: Water revenue bond 91-02 Series 2001 dated 2/1/2002 at 4.50%; remaining balance $566,739.38 at 6/30/2026 with amortization beyond FY 2026-2027.
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Contract details
- Contract type
- Financial Services
- Amount
- $27,308.73 principal and $25,503.27 interest (total $52,812.00) in FY 2026-2027
- Document date
- May 13, 2026
- Term
- Water revenue bond 91-02 Series 2001 dated 2/1/2002 at 4.50%; remaining balance $566,739.38 at 6/30/2026 with amortization beyond FY 2026-2027
- Vendor
- Usda Rural Dev
- Agency
- City of Willamina
- Source document
- City of Willamina Proposed Budget 2026-2027 (Budget)
Usda Rural Dev's other public contracts
More City of Willamina contracts
Questions about this contract
Who was awarded the financial services contract by City of Willamina?
Usda Rural Dev was awarded this financial services contract by City of Willamina, as recorded on May 13, 2026. The contract value is $27,308.73 principal and $25,503.27 interest (total $52,812.00) in FY 2026-2027.
How much is the Usda Rural Dev contract with City of Willamina worth?
The Usda Rural Dev contract with City of Willamina is valued at $27,308.73 principal and $25,503.27 interest (total $52,812.00) in FY 2026-2027, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Willamina Proposed Budget 2026-2027 (Budget), dated May 13, 2026 from City of Willamina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Usda Rural Dev hold?
Usda Rural Dev 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 City of Willamina currently buying?
Explore City of Willamina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.