City to renew Certificate of Deposit

Discussion and approval to renew the City's Certificate of Deposit maturing on October 13, 2025, with First Independent Bank, and to determine term and rate options.

Document date · October 13, 2025

Track Town of Browns Valley contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Browns Valley.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

Banking

Contract term

Document type

Agenda

Source document

browns_valley_city_council_meeting_agenda_oct_13_2.pdf

Related contracts

Other contracts from First Independent Bank.

View all →

City of Houston AgendaPacket Regular Council Meeting 2026-10-13

APPROVED

City of Houston, Minnesota$269,000Oct 13, 2026

City of Houston AgendaPacket Regular Council Meeting Agenda and Materials 2026-09-14

AWARDED

Town of Houston, Minnesota$269,000Sep 14, 2026

Henderson City Council Agenda 2026-08-19

APPROVED

Town of Henderson, Minnesota$427,000 bond principal; total debt service payments of $533,847.76Aug 19, 2026

City of Wykoff AgendaPacket August 10, 2026

APPROVED

City of Wykoff, Minnesota$3,753.00Aug 10, 2026

Lac qui Parle County Agenda Meeting Agenda 2026-07-21

APPROVED

Lac qui Parle County, Minnesota$21,174.49Jul 21, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the banking contract by Town of Browns Valley?

First Independent Bank was awarded this banking contract by Town of Browns Valley, as recorded on October 13, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in browns_valley_city_council_meeting_agenda_oct_13_2.pdf (Agenda), dated October 13, 2025 from Town of Browns Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Independent Bank hold?

First Independent 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.

View First Independent Bank's profile

What is Town of Browns Valley currently buying?

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

View Town of Browns Valley's profile