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FINANCIAL_SERVICESAPPROVED

City of Dexter Minutes 2026-05-04

Tower Project Financing Approved with David Drown & Associates

City of DexterDAVID DROWN & ASSOCIATESMay 4, 2026

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

Description

The City of Dexter approved using David Drown and Associates to arrange a direct bank placement for $600,000 in project financing for the 2026 Tower Reconstruction Project, selecting a 20-year term.

Contract Details

Vendor

DAVID DROWN & ASSOCIATES

Agency

City of Dexter, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

20 years

Renewal Date

2046-08-30

Renewal Info

20-year payback period selected. Not an annually-renewed contract.

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