city-of-hillsboro-budget-2025-12-31_001.pdf
Goose River Bank Public Works Loan Financing
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Description
The City of Hillsboro continues to service its Public Works loan with Goose River Bank, budgeting $62,850 in 2024 loan proceeds and related interfund transfers in 2025. The financing supports ongoing capital needs in public works across multiple utility and street funds.
Contract Details
Contract Amount
$62,850.00
Vendor
GOOSE RIVER BANK
Agency
City of Hillsboro, ND
Contract Type
FINANCIAL_SERVICES
Document Date
December 31, 2025
Contract Term
Public Works loan; line item 3950 and 9110 in 2024, with related 2025 transfers from multiple funds
Renewal Info
No explicit renewal terms are provided; loan continues with scheduled transfers from Funds 201, 601, 602, and 604 in 2025.
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city-of-hillsboro-budget-2025-12-31_001.pdf
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