town-of-foldenmeeting-minutes2025-06-03_cca.pdf
Northland Securities manage $5.1M Northside bond
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Description
Northland Securities to manage $5,155,000 bond for Northside project, with water, sewer, and storm sewer improvements planned. Sale scheduled for July 8, aiming for a 4.1% interest rate. The city has a good credit rating (AA-).
Contract Details
Contract Amount
$5,155,000
Vendor
NORTHLAND SECURITIES INC.
Agency
Town of Folden, MN
Contract Type
Financial
Document Date
June 3, 2025
Contract Term
20 year options
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