FINANCIAL_SERVICESAPPROVED

Town of Canfield Awards Financial Services Contract to University of Mary (May 2026)

The Burleigh County Commission approved issuance of up to $8 million in Education Facilities Revenue Bonds to be loaned to the University of Mary for refinancing prior bonds and financing new campus capital projects, under a Loan Agreement dated as of June 15, 2026. The bonds will mature within 27 years and are payable solely from University revenues under the loan agreement, not from county taxes.

Status
APPROVED
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
University of Mary
Agency
Town of Canfield · ND

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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
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $8,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Bonds to mature not later than 27 years after date of issuance; Loan Agreement dated as of June 15, 2026 (or other agreed date)
Renewal
Single series of education facilities revenue bonds issued under a Loan Agreement; bonds may be adjusted or amended under future amendments authorized to the County Chair and Administrator, but no automatic renewal is contemplated.
Document type
AgendaPacket
Source document
Burleigh County Commission AgendaPacket 2026-05-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Canfield?

University of Mary was awarded this financial services contract by Town of Canfield, as recorded on May 18, 2026. The contract value is Not to exceed $8,000,000.

How much is the University of Mary contract with Town of Canfield worth?

The University of Mary contract with Town of Canfield is valued at Not to exceed $8,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Burleigh County Commission AgendaPacket 2026-05-18 (AgendaPacket), dated May 18, 2026 from Town of Canfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does University of Mary hold?

University of Mary 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 University of Mary's profile

What is Town of Canfield currently buying?

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

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