City of Faribault City Council Agenda Packet May 12 2026
Northland Securities hired for 2026B sewer bond issue
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Description
The City of Faribault approved a Municipal Advisory Service Agreement with Northland Securities Inc. to provide advisory services for its 2026B general obligation sewer revenue bonds. The bonds will finance sewer projects including the Two Rivers Siphon Box and sewer extensions.
Contract Details
Vendor
NORTHLAND SECURITIES INC
Agency
City of Faribault, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Engagement is tied to the 2026B bond issuance only; no renewal terms noted.
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