City of Jordan City Council Minutes 2026-05-26
Northland Securities Awarded $7.8 Million City Bond
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Description
Northland Securities was awarded the City's $7.8 million bond issuance at a rate of 3.8038%, following a competitive bidding process and Council approval.
Contract Details
Contract Amount
$7,800,000
Vendor
NORTHLAND SECURITIES
Agency
Town of Jordan, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
2026 bond issuance (term not stated, typical multi-year)
Renewal Info
One-time bond issuance; not renewable.
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