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FINANCIAL_SERVICESAWARDED

City of Missoula Budget and Finance Committee Agenda Packet 2026-06-10

Missoula Approves $1.83M Park Bond with Huntington National

$1,832,000Missoula Urban Transportation DistrictHUNTINGTON NATIONAL BANKJune 10, 2026

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TerraCycle logo
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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
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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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