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Town of Folden Awards $5,155,000 Financial Contract to Northland Securities Inc. (June 2025)

Town of Folden logoTown of Folden
Disclosed value
$5,155,000
From meeting minutes
Approved
Jun 3, 2025
Term
20 year options

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THE 30-SECOND BRIEF

What it covers

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-).

Who holds it

Northland Securities Inc. holds this financial contract with Town of Folden. Its other public contracts on record include work for City of Clearwater and Iowa County.

What happens next

Term as filed: 20 year options.

Contract details

Contract type
Financial
Amount
$5,155,000
Document date
June 3, 2025
Term
20 year options
Vendor
Northland Securities Inc.
Agency
Town of Folden
Source document
town-of-foldenmeeting-minutes2025-06-03_cca.pdf (Meeting Minutes)

Northland Securities Inc.'s other public contracts

City of Clearwater, KansasNorthland Securities awarded $255K GO Temporary Note contract · Nov 25, 2025$255KIowa County, WisconsinRadio System Financing Options Presentation by Northland Securities · Oct 31, 2025UndisclosedCity of Missouri Valley, IowaNorthland Securities Advises City on EMMA Filing · Oct 7, 2025UndisclosedCrescent Public Schools, OklahomaNorthland Securities wins $2.1M Bond Bid · Sep 30, 2025$2.1MCity of Babbitt, MinnesotaNorthland Securities considered for bond financing services · Sep 30, 2025UndisclosedAll Northland Securities Inc. contractsVendor profile

More Town of Folden contracts

Levanen UndergroundLevanen Underground wins $294K lead service contract · Jun 3, 2025$294.6KThorsten HoldingsThorsten Holdings awarded $5K Main Street grant · Jun 3, 2025$5KCentral Minnesota ArtsCMBA receives $2.6K Downtown Façade grant · Jun 3, 2025$2.6KMidco CommunicationsMIDCO franchise renewal in discussion · Jun 3, 2025UndisclosedShort Elliott Hendrickson Inc.SEH secures LSL Construction Services Agreement · Jun 3, 2025UndisclosedAll Town of Folden activityAgency profile

Questions about this contract

Who was awarded the financial contract by Town of Folden?

Northland Securities Inc. was awarded this financial contract by Town of Folden, as recorded on June 3, 2025. The contract value is $5,155,000.

How much is the Northland Securities Inc. contract with Town of Folden worth?

The Northland Securities Inc. contract with Town of Folden is valued at $5,155,000, covering financial work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-foldenmeeting-minutes2025-06-03_cca.pdf (Meeting Minutes), dated June 3, 2025 from Town of Folden. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northland Securities Inc. hold?

Northland Securities Inc. may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Folden currently buying?

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

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