FINANCIAL_SERVICESAMENDED

City Modifies Healthcare Revenue Note for Lake Region

The City of Underwood approved Resolution 0126-2 consenting to modify the interest rate provisions on its $8.64 million Healthcare Facilities Revenue Note for the Lake Region Healthcare Corporation project, replacing LIBOR benchmarks with Treasury Constant Maturity Rates. The action adjusts financing terms while keeping the underlying healthcare project funding in place.

Status
AMENDED
Document date
January 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lake Region Healthcare Corporation
Agency
City of Underwood · ND

Trusted by teams at

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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Modification via Allonge changes interest rate indices from LIBOR swap rates to 10- and 5-year Treasury Constant Maturity Rates; original loan and repayment obligations remain in effect.
Document type
Minutes
Source document
City of Underwood Council Meeting Minutes January 2026

Related contracts

Other contracts from Lake Region Healthcare Corporation.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Underwood?

Lake Region Healthcare Corporation was awarded this financial services contract by City of Underwood, as recorded on January 12, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Underwood Council Meeting Minutes January 2026 (Minutes), dated January 12, 2026 from City of Underwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake Region Healthcare Corporation hold?

Lake Region Healthcare Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Lake Region Healthcare Corporation's profile

What is City of Underwood currently buying?

Explore City of Underwood's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Underwood's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free