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City of Carrington Council Meeting Minutes April 13 2026

Maertens Welding Receives BND Interest Buydown Support

$1,750Carrington Park DistrictMAERTENS WELDINGApril 13, 2026

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The Carrington Economic Development Corporation approved a one-time $1,750 payment benefiting Maertens Welding as a Bank of North Dakota interest buydown, with no repayment required by the business. Funds are provided through CCEDC to the city for this purpose.

Contract Details

Contract Amount

$1,750

Vendor

MAERTENS WELDING

Agency

Carrington Park District, ND

Contract Type

OTHER

Document Date

April 13, 2026

Renewal Info

One-time economic development payment for interest buydown; no renewal or repayment required.

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