FINANCIAL_SERVICESAWARDED

City of Fergus Falls Awards Financial Services Contract to Northland Securities Inc (July 2026)

The Fergus Falls City Council awarded the $3,600,000 General Obligation Bonds, Series 2026A, to Northland Securities Inc., which submitted the low bid with a 3.7157% net interest rate. The bonds will finance street improvement projects under Resolution #169-2026.

Status
AWARDED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northland Securities Inc
Agency
City of Fergus Falls · MN

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WithersRavenel logo
Derivita logo
Comcate logo
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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

Scope & details

The full contract record, as filed.

Contract amount
$3,600,000 (bond issuance; low bid at 3.7157% net interest rate)
Contract type
FINANCIAL_SERVICES
Contract term
Bond Series 2026A; long-term debt (exact maturity schedule not specified)
Renewal
This is a fixed bond issuance rather than a renewable contract; any future debt issuance would require separate council authorization.
Document type
Minutes
Source document
Fergus Falls City Council Minutes 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Fergus Falls?

Northland Securities Inc was awarded this financial services contract by City of Fergus Falls, as recorded on July 20, 2026. The contract value is $3,600,000 (bond issuance; low bid at 3.7157% net interest rate).

How much is the Northland Securities Inc contract with City of Fergus Falls worth?

The Northland Securities Inc contract with City of Fergus Falls is valued at $3,600,000 (bond issuance; low bid at 3.7157% net interest rate), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Fergus Falls City Council Minutes 2026-07-20 (Minutes), dated July 20, 2026 from City of Fergus Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northland Securities Inc hold?

Northland Securities Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Northland Securities Inc's profile

What is City of Fergus Falls currently buying?

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

View City of Fergus Falls's profile

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