BEDA approves $6M loan to Alerus Financial
Town of BlaineCity · KS- Disclosed value
- $6,000,000
- From resolution
- Document date
- Jun 2, 2025
The 30-second brief
Blaine Economic Development Authority approves $6,000,000 loan to Alerus Financial, N.A., to refinance Sports Facility Revenue Note, Series 2011 and Recreational Facility Revenue Note, Series 2020, and to finance the acquisition, construction and installation of certain capital improvements and equipment to be located on the Borrower's campus
Alerus Financial holds this loan contract with Town of Blaine. Its other public contracts on record include work for Town of Whitehall and City of Flushing.
See who signed off on this $6M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Loan
- Amount
- $6,000,000
- Document date
- June 2, 2025
- Term
- NA
- Vendor
- Alerus Financial
- Agency
- Town of Blaine
- Source document
- blaine-economic-development-authority-resolution-june-2-2025_4ae.pdf (Resolution)
Alerus Financial's other public contracts
More Town of Blaine contracts
Questions about this contract
Who was awarded the loan contract by Town of Blaine?
Alerus Financial was awarded this loan contract by Town of Blaine, as recorded on June 2, 2025. The contract value is $6,000,000.
How much is the Alerus Financial contract with Town of Blaine worth?
The Alerus Financial contract with Town of Blaine is valued at $6,000,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a resolution record.
Where was this contract approved?
This contract appears in blaine-economic-development-authority-resolution-june-2-2025_4ae.pdf (Resolution), dated June 2, 2025 from Town of Blaine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Alerus Financial hold?
Alerus Financial 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 Town of Blaine currently buying?
Explore Town of Blaine's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.