city-of-funkleymeeting-minutes2025-06-03_615.pdf
Northland Securities plans Northside project financing
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Description
Northland Securities provides an overview of the financing options for the Northside project, considering 15 and 20 year options. The preliminary bond size is $5,155,000 with a rate around 4.1% for the 20-year term.
Contract Details
Contract Amount
$5,155,000
Vendor
NORTHLAND SECURITIES INC.
Agency
City of Funkley, MN
Contract Type
Financial services
Document Date
June 3, 2025
Contract Term
20 year
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