Missoula Approves $1.83M Park Bond with Huntington National
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Description
The City of Missoula awarded a $1,832,000 Special Park District Bond (Series 2026) to The Huntington National Bank at 5.95% interest, maturing in 2046. Bond proceeds will finance the North Side Pedestrian Bridge and related park improvements, repaid via Park District No. 1 special assessments.
Contract Details
Contract Amount
$1,832,000
Vendor
HUNTINGTON NATIONAL BANK
Agency
Missoula Urban Transportation District, MT
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
June 25, 2026 – July 1, 2046
Renewal Date
2046-07-01
Renewal Info
Bond is optionally callable beginning January 1, 2028, in $100,000 increments. Semiannual installments due through July 1, 2046.
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