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City of Braham Awards $521,000 Loan Agreement Contract to Frandsen Bank & Trust (September 2025)

City of Braham
Disclosed value
$521,000
From agenda
Approved
Sep 23, 2025
Term
October 6, 2025 – February 1, 2041

The 30-second brief

What it covers

Frandsen Bank & Trust awarded $521,000 loan evidenced by General Obligation Tax Abatement Bond, Series 2025B, to finance LPS Real Estate and Development property from October 6, 2025 to February 1, 2041.

Who holds it

Frandsen Bank & Trust holds this loan agreement contract with City of Braham. Its other public contracts on record include work for City of Tower and City of Montgomery.

What happens next

Term as filed: October 6, 2025 – February 1, 2041.

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Contract details

Contract type
Loan Agreement
Amount
$521,000
Document date
September 23, 2025
Term
October 6, 2025 – February 1, 2041
Vendor
Frandsen Bank & Trust
Agency
City of Braham
Source document
city-of-braham-city-council-meeting-agenda-september-23-2025_807.pdf (Agenda)

Frandsen Bank & Trust's other public contracts

City of Tower, MinnesotaTower Pays Frandsen Bank September Service Charge · Oct 12, 2026$8.7City of Braham, MinnesotaBraham Lists Frandsen Bank Payments · Oct 3, 2026City of Montgomery, MinnesotaFrandsen Bank Provides HRA ACH Services · Sep 17, 2026Town of Breitung, MinnesotaBreitung Township Reports Frandsen ReHab Loan Balance · Sep 15, 2026$225.5KTown of Lamberton, MinnesotaLamberton Approves $250,000 Water Utility Loan · Sep 14, 2026$250KAll Frandsen Bank & Trust contractsVendor profile

More City of Braham contracts

Moore EngineeringBraham Reviews $70,754 Moore Engineering Invoices · Oct 3, 2026$70.8KEce FiberBraham Lists ECE Fiber Communications Payments · Oct 3, 2026Galls LLCBraham Purchases Police Uniforms from Galls · Oct 3, 2026$650LOFFLERBraham Pays Loffler for Scanner Service · Oct 3, 2026$1KSunrise HydraulicsBraham Pays Sunrise for Hydraulic Repairs · Oct 3, 2026$1.2KAll City of Braham activityAgency profile

Questions about this contract

Who was awarded the loan agreement contract by City of Braham?

Frandsen Bank & Trust was awarded this loan agreement contract by City of Braham, as recorded on September 23, 2025. The contract value is $521,000.

How much is the Frandsen Bank & Trust contract with City of Braham worth?

The Frandsen Bank & Trust contract with City of Braham is valued at $521,000, covering loan agreement work.

What type of contract is this?

This is a Loan Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-braham-city-council-meeting-agenda-september-23-2025_807.pdf (Agenda), dated September 23, 2025 from City of Braham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Frandsen Bank & Trust hold?

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

What is City of Braham currently buying?

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

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