Town secures short-term loan from UniBank
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Description
Town approved the sale of a $520,770 General Obligation Bond Anticipation Note to UniBank for Savings, issued as a State House Note and dated June 18, 2025. The note is payable by September 24, 2025, with an interest rate of 4.10 percent.
Contract Details
Contract Amount
$520,770
Vendor
UNIBANK FOR SAVINGS
Agency
Town of Norton, ND
Contract Type
Loan
Document Date
June 5, 2025
Contract Term
September 24, 2025
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