North Prairie Regional Water District Meeting Minutes March 2026
District engages AMKO Advisors for debt defeasance planning
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Description
North Prairie Regional Water District directed AMKO Advisors to proceed with preparing defeasance paperwork for the Riverdale 91-01 & 91-03 CD debt, outlining options to maintain or reduce payment amounts. The advisory engagement will support potential shortening of loan maturity from 2051 to 2047 using excess interest earnings and bond yield investments.
Contract Details
Vendor
AMKO ADVISORS
Agency
Town of North Prairie, ND
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
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