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Hartshorne Receives $7M Interim Financing for Water Improvements

City of Hartshorne logoCity of Hartshorne
Disclosed value
$7,048,000
From agenda
Document date
Sep 15, 2025

The 30-second brief

What it covers

Hartshorne Public Works Authority to issue a promissory note to F&M Bank for $7,048,000. Loan to provide interim financing for water system improvements, with USDA Rural Development providing permanent financing later.

Who holds it

Fm Bank holds this loan contract with City of Hartshorne. Its other public contracts on record include work for Cologne Academy and Wheaton Area Public School District.

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Contract details

Contract type
Loan
Amount
$7,048,000
Document date
September 15, 2025
Term
NA
Vendor
Fm Bank
Agency
City of Hartshorne
Source document
city-of-hartshorne-general-meeting-agenda-september-15-2025_a99.pdf (Agenda)

Fm Bank's other public contracts

Cologne Academy, MinnesotaFM Bank Named FY27 Depository · Jul 28, 2026UndisclosedWheaton Area Public School District, MinnesotaFM Bank Donation to FCCLA Accepted · Jul 20, 2026$500Wheaton Area Public School District, MinnesotaFM Bank Contributes $500 to FCCLA · Jul 20, 2026$500City of White Lake, South DakotaFM Bank Loan and ACH/VISA Payment Reported · Jul 6, 2026$5.2KCity of White Lake, South DakotaFM Bank Named Official City Financial Institution · Jun 8, 2026UndisclosedAll Fm Bank contractsVendor profile

More City of Hartshorne contracts

Evans & Associates Utility ServiceHartshorne Considers $650,429 Water Project Payment · Oct 1, 2026$650.4KF&m BankAuthority Considers F&M Bank Loan Interest Payment · Sep 21, 2026$18KLonehickory Cattle LLCWater Improvements Payment Proposed for Lonehickory Cattle · Sep 21, 2026$613.2KMunicipal Code ManagementHartshorne Considers Municipal Code Agreement Renewal · Sep 21, 2026$1.5KMUELLERAuthority Considers Mueller Water Meter Equipment · Sep 21, 2026UndisclosedAll City of Hartshorne activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Hartshorne?

Fm Bank was awarded this loan contract by City of Hartshorne, as recorded on September 15, 2025. The contract value is $7,048,000.

How much is the Fm Bank contract with City of Hartshorne worth?

The Fm Bank contract with City of Hartshorne is valued at $7,048,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-hartshorne-general-meeting-agenda-september-15-2025_a99.pdf (Agenda), dated September 15, 2025 from City of Hartshorne. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fm Bank hold?

Fm Bank 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 City of Hartshorne currently buying?

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

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