City of Waconia Awards Financial Services Contract to Hometown Bank (June 2026)

The City of Waconia awarded the sale of $9,510,000 General Obligation Bonds, Series 2026A, to Hilltop Securities of Dallas, Texas at a true interest cost of 3.14%. The 10-year bonds will finance annual street and utility improvement projects and are secured by net revenues, special assessments, and a tax levy.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

10-year General Obligation Bonds, Series 2026A

Renewal date

2036-06-15

Renewal

One-time issuance of 10-year general obligation bonds; no renewal provisions, bonds amortize over term.

Document type

Minutes

Source document

City of Waconia Minutes June 15, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Waconia?

Hometown Bank was awarded this financial services contract by City of Waconia, as recorded on June 15, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Waconia Minutes June 15, 2026 (Minutes), dated June 15, 2026 from City of Waconia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hometown Bank hold?

Hometown Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Waconia currently buying?

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City of Waconia Awards Financial Services Contract to Hometown Bank (June 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by City of Waconia?

What type of contract is this?

Where was this contract approved?

What other contracts does Hometown Bank hold?

What is City of Waconia currently buying?

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