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FINANCIAL_SERVICESAPPROVED

City of Beach AgendaPacket City Council Meeting 2026-05-04

City Approves Street Infrastructure Loan Payments to BND

$29,945.53 (2017 Street Infrastructure Loan), $6,010.43 (2025 Street Infrastructure Loan), $859.40 (2026 Street Infrastructure Loan)Beach Park DistrictBANK OF NORTH DAKOTAMay 4, 2026

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Derivita logo
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Description

The City of Beach approved May 1, 2026 debt service payments to the Bank of North Dakota totaling $36,815.36 for its 2017, 2025, and 2026 street infrastructure loans. These payments cover principal and interest obligations under existing loan agreements.

Contract Details

Contract Amount

$29,945.53 (2017 Street Infrastructure Loan), $6,010.43 (2025 Street Infrastructure Loan), $859.40 (2026 Street Infrastructure Loan)

Vendor

BANK OF NORTH DAKOTA

Agency

Beach Park District, ND

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

Existing loan agreements; payments due May 1, 2026

Renewal Info

Ongoing loan agreements for street infrastructure projects; payments represent scheduled installments rather than renewals.

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