Greenwood Township Board Meeting Agenda May 2026
Township Invests Broadband Funds with Park State Bank
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Description
Greenwood Township authorized investing $105,466.40 from its Broadband Fund with Park State Bank at 4% interest for a seven-month term. The action aims to earn interest while preserving funds for future broadband needs.
Contract Details
Contract Amount
$105,466.40 (Broadband Fund investment at 4% interest for 7 months)
Vendor
PARK STATE BANK
Agency
Town of Greenwood, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
7 months at 4% interest
Renewal Date
2026-11-14
Renewal Info
Single 7‑month investment; any renewal or rollover after maturity would require separate board action.
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