Wells Fargo Bank Role Extended in City Bond Refinancing
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Description
Wells Fargo Bank's role as bond purchaser was continued by the 2nd Amendment to the City's Solid Waste Disposal Revenue Bond Agreement, extending the bond's mandatory purchase date to June 30, 2031.
Contract Details
Contract Amount
$11,500,000 (bond principal)
Vendor
WELLS FARGO BANK NATIONAL ASSOCIATION
Agency
City of East Grand Forks, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Extended to June 30, 2031
Renewal Date
2031-06-30
Renewal Info
Originally entered June 1, 2016; amended June 21, 2021; further extended June 16, 2026 for term ending June 30, 2031.
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