housing_and_redevelopment_authority_meeting_agenda.pdf
New Non-Tenant Income Account at Frandsen Approved
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Description
The Montgomery HRA authorized opening a new bank account at Frandsen for non-tenant income and is working with bank staff to complete the setup. This account will segregate laundry and other non-tenant funds from HUD-restricted monies.
Contract Details
Vendor
FRANDSEN
Agency
City of Montgomery, MN
Contract Type
FINANCIAL_SERVICES
Document Date
December 18, 2025
Contract Term
New bank account for non-tenant income to be opened in 2021-2022
Renewal Info
Standard bank deposit account with ongoing use; no specific renewal date.
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