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City of Bowlus Awards $225,000 Financial Services Contract to MAGNIFI (February 2026)

City of Bowlus
Disclosed value
$225,000
From minutes
Approved
Feb 2, 2026
Term
7 month CD

The 30-second brief

What it covers

The City Council approved moving a $225,000 Fire Department CD investment from Pine Country Bank to Magnifi for a 7-month term to ensure full coverage and higher interest. Authorization by Mayor, Clerk, and Treasurer will be required.

Who holds it

MAGNIFI holds this financial services contract with City of Bowlus. Its other public contracts on record include work for Logan County and Albany Public School District.

What happens next

Term as filed: 7 month CD.

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Contract details

Contract type
Financial Services
Amount
$225,000
Document date
February 2, 2026
Term
7 month CD
Vendor
MAGNIFI
Agency
City of Bowlus
Source document
City of Bowlus Council Meeting Minutes February 2026 (Minutes)

MAGNIFI's other public contracts

Logan County, ColoradoMagnifi to bore new water line conduit at fairgrounds · Jul 7, 2026Albany Public School District, MinnesotaMagnifi Donates $100 To Boys Basketball · May 13, 2026$100Albany Public School District, MinnesotaMagnifi Donation Approved For Boys Basketball · May 13, 2026$100Town of Birchdale, MinnesotaTownship Updates Magnifi Safe Deposit Access · Mar 31, 2026UndisclosedCity of Albany, MinnesotaAlbany Directs CD Investments Through Magnifi · Mar 4, 2026All MAGNIFI contractsVendor profile

More City of Bowlus contracts

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Questions about this contract

Who was awarded the financial services contract by City of Bowlus?

MAGNIFI was awarded this financial services contract by City of Bowlus, as recorded on February 2, 2026. The contract value is $225,000.

How much is the MAGNIFI contract with City of Bowlus worth?

The MAGNIFI contract with City of Bowlus is valued at $225,000, covering financial services work.

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 City of Bowlus Council Meeting Minutes February 2026 (Minutes), dated February 2, 2026 from City of Bowlus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MAGNIFI hold?

MAGNIFI 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 Bowlus currently buying?

Explore City of Bowlus's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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