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City of Bagley Council Meeting Minutes February 2024

Bond Refinancing Approved Under NMPA Utility Contract

City of BagleyNORTHERN MUNICIPAL POWER AGENCYFebruary 14, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Bagley City Council authorized action related to its long-term power agency contract with NMPA, including bond refinancing saving $1.5 million in interest.

Contract Details

Vendor

NORTHERN MUNICIPAL POWER AGENCY

Agency

City of Bagley, MN

Contract Type

UTILITIES

Document Date

February 14, 2024

Contract Term

through March 1, 2055

Renewal Date

2055-03-01

Renewal Info

Contract with NMPA extends through March 1, 2055.

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