Paynesville to Issue $1.8M Bonds for New Liquor Store
Paynesville villageCity · MO- Disclosed value
- $1,815,000
- From agenda
- Document date
- Jun 23, 2025
- Term
- 29 years
The 30-second brief
The Economic Development Authority of the City of Paynesville plans to issue $1,815,000 in Public Project Lease Revenue Bonds, Series 2025A, underwritten by Northland Securities, Inc. The funds are aimed at financing the construction of a new municipal liquor store. Bonds will mature annually from 2027 to 2054, with an estimated interest rate of 5.17%.
Northland Securities, Inc. holds this finance contract with Paynesville village. Its other public contracts on record include work for Floodwood Public School District and City of Blue Earth.
Term as filed: 29 years.
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Contract details
- Contract type
- Finance
- Amount
- $1,815,000
- Document date
- June 23, 2025
- Term
- 29 years
- Agency
- Paynesville village
- Source document
- paynesville-village-city-council-meeting-agenda-june-23-2025_eb8.pdf (Agenda)
Northland Securities, Inc.'s other public contracts
More Paynesville village contracts
Questions about this contract
Who was awarded the finance contract by Paynesville village?
Northland Securities, Inc. was awarded this finance contract by Paynesville village, as recorded on June 23, 2025. The contract value is $1,815,000.
How much is the Northland Securities, Inc. contract with Paynesville village worth?
The Northland Securities, Inc. contract with Paynesville village is valued at $1,815,000, covering finance work.
What type of contract is this?
This is a Finance contract, documented as a agenda record.
Where was this contract approved?
This contract appears in paynesville-village-city-council-meeting-agenda-june-23-2025_eb8.pdf (Agenda), dated June 23, 2025 from Paynesville village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Northland Securities, Inc. hold?
Northland Securities, Inc. 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 Paynesville village currently buying?
Explore Paynesville village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.