City of Jordan Minutes Regular City Council Meeting 2026-05-26
Council Accepts $7.8 Million Bond Bid From Northland
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Description
Jordan City Council accepted a $7.8 million bond issuance with the winning bid from Northland Securities, which offered a true interest cost of 3.8038%. The resolution’s approval finalizes the City’s latest round of capital financing.
Contract Details
Contract Amount
$7.8 million (bond issue; 3.8038% true interest cost)
Vendor
NORTHLAND SECURITIES
Agency
Town of Jordan, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
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