Assured Guaranty Insures City’s 2026A Bond Issue
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Description
Assured Guaranty Inc. is providing municipal bond insurance on La Crescent’s $4,645,000 General Obligation Bonds, Series 2026A. The policy guarantees scheduled principal and interest payments for the life of the bonds.
Contract Details
Vendor
ASSURED GUARANTY INC
Agency
Town of La Crescent, MN
Contract Type
INSURANCE
Document Date
March 26, 2026
Contract Term
Covers scheduled principal and interest payments for life of the Series 2026A bonds
Renewal Date
2047-02-01
Renewal Info
Bond insurance remains in force for scheduled principal and interest payments until all insured bonds are paid or defeased under the terms of the policy.
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