City of Great Falls Minutes Regular City Commission Meeting 2026-05-19
Commission Approves Negotiations for $3.8 Million Revenue Bond Sale
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Description
The City Commission authorized City staff to negotiate with D.A. Davidson & Co. for the issuance and sale of up to $3.8 million in Tax Increment Revenue Bonds, Series 2026, which will fund infrastructure reimbursement for the East Industrial Park (AgriTech Park). Final bond terms and placement to be set in August 2026.
Contract Details
Contract Amount
Up to $3,800,000 (bond issuance for infrastructure reimbursement)
Vendor
D.A. DAVIDSON & CO.
Agency
Great Falls Transit District, MT
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Not to exceed 21 years (through FY 2047); final maturity set at issuance
Renewal Date
2047-08-01
Renewal Info
Early call/repayment feature to be included if feasible; final terms set by commission in August 2026. Maturity not to exceed 21 years from issuance.
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