FINANCIAL_SERVICESAPPROVED

City of West Fargo Awards Financial Services Contract to North Dakota Public Finance Authority (October 2025)

The City of West Fargo approved a loan agreement with the North Dakota Public Finance Authority for the purchase of a $2,700,000 Water Treatment Revenue Bond, Series 2025D, to finance expansion of its public works water treatment facilities. The bond will be repaid from water system net revenues over a term running from 2027 through 2056 at 1.50% interest plus an administrative fee.

Status
APPROVED
Document date
October 20, 2025
Contract type
FINANCIAL_SERVICES
Vendor
North Dakota Public Finance Authority
Agency
City of West Fargo · ND

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,700,000 (principal amount of Water Treatment Revenue Bond, Series 2025D)
Contract type
FINANCIAL_SERVICES
Contract term
Dated date of delivery; principal installments from 2027 through 2056 at 1.50% interest plus Administrative Fee
Renewal date
2056-09-01
Renewal
Single municipal revenue bond issued under a loan agreement; no renewal or extension terms are described, but the bond is callable for redemption on any interest payment date with consent of the Authority.
Document type
Resolution
Source document
city_of_west_fargo_resolution_for_water_treatment.pdf

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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 West Fargo?

North Dakota Public Finance Authority was awarded this financial services contract by City of West Fargo, as recorded on October 20, 2025. The contract value is $2,700,000 (principal amount of Water Treatment Revenue Bond, Series 2025D).

How much is the North Dakota Public Finance Authority contract with City of West Fargo worth?

The North Dakota Public Finance Authority contract with City of West Fargo is valued at $2,700,000 (principal amount of Water Treatment Revenue Bond, Series 2025D), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_west_fargo_resolution_for_water_treatment.pdf (Resolution), dated October 20, 2025 from City of West Fargo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Dakota Public Finance Authority hold?

North Dakota Public Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View North Dakota Public Finance Authority's profile

What is City of West Fargo currently buying?

Explore City of West Fargo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of West Fargo's profile

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