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FINANCIAL_SERVICESAPPROVED

horace-city-council-meeting-agenda-august-4-2025_b87.pdf

Debt Service Paid to Bank of North Dakota

$259,388.88Town of RomnessBANK OF NORTH DAKOTAAugust 4, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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TerraCycle logo
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Description

The City of Horace approved a $259,388.88 debt service payment to the Bank of North Dakota for principal, interest, and administrative fees on multiple bond issues due September 1, 2025. The payment supports water meters, relining, and other infrastructure financing.

Contract Details

Contract Amount

$259,388.88

Vendor

BANK OF NORTH DAKOTA

Agency

Town of Romness, ND

Contract Type

FINANCIAL_SERVICES

Document Date

August 4, 2025

Contract Term

Debt service due 09/01/25 on Series 2016, 2017, 2017B, 2018, and 2021

Renewal Info

Ongoing bond repayment obligations for Series 2016, 2017, 2017B, 2018, and 2021 continue per original bond schedules.

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