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Town of Grafton Awards $1,300,000 Loan Contract to Bank of North Dakota (September 2024)

Town of Grafton
Disclosed value
$1,300,000
From minutes
Approved
Sep 9, 2024
Term
30 years

The 30-second brief

What it covers

Grafton Municipal Airport Authority approved for $1.3 million infrastructure loan from Bank of North Dakota to construct a new row hangar at 2 percent interest for 30 years.

Who holds it

Bank of North Dakota holds this loan contract with Town of Grafton. Its other public contracts on record include work for Horace Park District and Maple Valley Public School District 4.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Loan
Amount
$1,300,000
Document date
September 9, 2024
Term
30 years
Vendor
Bank of North Dakota
Agency
Town of Grafton
Source document
city-of-grafton-city-council-meeting-minutes-september-9-2024_83f.pdf (Minutes)

Bank of North Dakota's other public contracts

Horace Park District, North DakotaHorace Parks Lists Bank Loan Interest Payment · Oct 26, 2026$7.8KMaple Valley Public School District 4, North DakotaMaple Valley Approves Bank of North Dakota Payment · Oct 7, 2026$50.1KCity of West Fargo, North DakotaWest Fargo Pays Bank of North Dakota Bond Debt · Oct 5, 2026$768.1KTown of Beach, North DakotaBeach Approves Bank of North Dakota Payment · Oct 5, 2026$79.3KTown of Beach, North DakotaBeach Approves Additional Bank Payment · Oct 5, 2026$13.3KAll Bank of North Dakota contractsVendor profile

More Town of Grafton contracts

Red River Community Housing Development OrganizationNew Housing Development Project Awaiting Funding · Jun 9, 2025Opp ConstructionLeistikow Park Road Improvement Project Approved · Jun 9, 2025$122.4KKlj EngineeringKLJ Awarded $20,000 Engineering Contract · Jun 9, 2025$20KMorris Sealcoat & TruckingMorris Sealcoat Wins $208K Crack/Seal Contract · May 12, 2025$208KState Tax Commissioner OfficeGrafton renews tax collection contract with State · May 12, 2025UndisclosedAll Town of Grafton activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Grafton?

Bank of North Dakota was awarded this loan contract by Town of Grafton, as recorded on September 9, 2024. The contract value is $1,300,000.

How much is the Bank of North Dakota contract with Town of Grafton worth?

The Bank of North Dakota contract with Town of Grafton is valued at $1,300,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-grafton-city-council-meeting-minutes-september-9-2024_83f.pdf (Minutes), dated September 9, 2024 from Town of Grafton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of North Dakota hold?

Bank of North Dakota 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 Town of Grafton currently buying?

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

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