Airport construction loan extension
City of ArkadelphiaArkansas- Detected
- Jul 7, 2026
- 118 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
The city is extending its revolving construction loan with Citizens Bank to front costs for airport capital improvement projects funded by reimbursement grants. The resolution allows borrowing up to $600,000 at 5.89% interest through December 31, 2027, with the City Manager authorized to sign documents. This confirms multi-year airport construction activity and financing, signaling ongoing work where contractors, engineers, and suppliers may seek roles on upcoming grant-funded projects.
Airport projects are supported by multiple capital improvement grants with reimbursement components, indicating continued infrastructure work through 2027.
From the meeting
- Meeting date
- July 7, 2026
- Agency
- City of Arkadelphia
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