Debt Service Paid to Bank of North Dakota
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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.
More from BANK OF NORTH DAKOTA
More from Town of Romness
horace-city-council-meeting-agenda-august-4-2025_b87.pdf
horace-city-council-meeting-agenda-august-4-2025_b87.pdf
horace-city-council-meeting-agenda-august-4-2025_b87.pdf
horace-city-council-meeting-agenda-august-4-2025_b87.pdf
horace-city-council-meeting-agenda-august-4-2025_b87.pdf
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