Town of Henderson City Council Meeting Minutes January 2026
City Plans Tax Anticipation Certificate With Local Bank
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Description
The City of Henderson authorized issuance and sale of a $850,000 General Obligation Tax Anticipation Certificate, Series 2026A, to be placed directly with Citizens State Bank of Roseau for cash flow needs. The 12‑month certificate will mature with principal and interest due April 1, 2027, with formal award expected in March 2026.
Contract Details
Contract Amount
$850,000
Vendor
CITIZENS STATE BANK OF ROSEAU
Agency
Town of Henderson, MN
Contract Type
FINANCIAL_SERVICES
Document Date
January 21, 2026
Contract Term
12-month term, principal and interest due April 1, 2027
Renewal Date
2027-04-01
Renewal Info
Single 12‑month tax anticipation certificate maturing April 1, 2027; no renewals described.
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