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City of Clarkfield Awards $2,105,000 Bond Contract to Usda Rural Development (October 2025)

City of Clarkfield logoCity of Clarkfield
Disclosed value
$2,105,000
From agenda
Approved
Oct 7, 2025
Term
40 years

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THE 30-SECOND BRIEF

What it covers

The City Council of Clarkfield approved a $2,105,000 Taxable General Obligation Utility Revenue Bond of 2025A with USDA Rural Development. The bond has an interest rate of 1.125% per annum, payable in 40 equal amortized installments of $65,655 each year from September 26, 2026, to September 26, 2065.

Who holds it

Usda Rural Development holds this bond contract with City of Clarkfield. Its other public contracts on record include work for City of Whitewood and City of Selby.

What happens next

Term as filed: 40 years.

Contract details

Contract type
Bond
Amount
$2,105,000
Document date
October 7, 2025
Term
40 years
Vendor
Usda Rural Development
Agency
City of Clarkfield
Source document
city-of-clarkfield-council-meeting-agenda-october-7-2025_832.pdf (Agenda)

Usda Rural Development's other public contracts

City of Whitewood, South DakotaWhitewood Pays USDA Water Project Loan · Oct 19, 2026$4KCity of Whitewood, South DakotaWhitewood Approves USDA Infrastructure Payments · Oct 19, 2026$4.5KCity of Selby, South DakotaSelby Approves USDA Rural Development Payment · Oct 14, 2026$14.3KTown of Centerville, South DakotaCenterville Approves USDA Rural Development Payment · Oct 12, 2026$2.1KTown of Whitewood, South DakotaWhitewood Approves USDA Trunk Sewer Payment · Oct 5, 2026$1.1KAll Usda Rural Development contractsVendor profile

More City of Clarkfield contracts

BANYONClarkfield Plans Banyon Administrative Support · Sep 21, 2026UndisclosedLarson Bros Concrete IncClarkfield Discusses Larson Bros Concrete Sidewalk Estimate · Sep 21, 2026Westberg EischensWestberg Eischens Conducts City Financial Audit · Sep 21, 2026UndisclosedGreat Plains Natural GasEDA Pays Utility Bill to Great Plains Natural Gas · Aug 24, 2026$11.7Xcel EnergyEDA Pays Xcel Energy for Apartment Utilities · Aug 24, 2026$96.1All City of Clarkfield activityAgency profile

Questions about this contract

Who was awarded the bond contract by City of Clarkfield?

Usda Rural Development was awarded this bond contract by City of Clarkfield, as recorded on October 7, 2025. The contract value is $2,105,000.

How much is the Usda Rural Development contract with City of Clarkfield worth?

The Usda Rural Development contract with City of Clarkfield is valued at $2,105,000, covering bond work.

What type of contract is this?

This is a Bond contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-clarkfield-council-meeting-agenda-october-7-2025_832.pdf (Agenda), dated October 7, 2025 from City of Clarkfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Usda Rural Development hold?

Usda Rural Development 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 Clarkfield currently buying?

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

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