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FINANCIAL_SERVICESONGOING

City Council Work Session Agenda - January 20, 2026

Security Bank Receives Principal Payment on 2017A Equipment Certificate

$203,284.50City of WinstedSECURITY BANK & TRUST COMPANYJanuary 20, 2026

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

Description

The City paid Security Bank & Trust Company $203,284.50 toward principal on its G.O. Equipment Certificate, Series 2017A. This payment reduces outstanding equipment financing debt.

Contract Details

Contract Amount

$203,284.50

Vendor

SECURITY BANK & TRUST COMPANY

Agency

City of Winsted, MN

Contract Type

FINANCIAL_SERVICES

Document Date

January 20, 2026

Contract Term

Debt service payment 1/16/2026

Renewal Info

Part of established debt amortization; not renewable.

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