FINANCIAL_SERVICESAPPROVED

Brown County Awards Financial Services Contract to Redwood County (February 2026)

Brown County approved a joint agreement for Redwood County to issue $1.51 million in bonds for Joint Ditch No. 5 drainage improvements, with Brown County paying an $829,662 proportional share over 20 years at a rate not to exceed 5.18%.

Status
APPROVED
Document date
February 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Redwood County
Agency
Brown County · MN

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Estimated $1,510,000 principal (Brown County share: $829,662); 20-year bond at interest not to exceed 5.18%
Contract type
FINANCIAL_SERVICES
Contract term
20 years (anticipated May 2026 – February 1, 2046)
Renewal date
2046-02-01
Renewal
Standard 20-year bond term; callable/refinancing options discussed; agreement replaces prior financing agreement dated October 21, 2025.
Document type
Agenda
Source document
Brown County Board of Commissioners Regular Meeting Agenda February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Brown County?

Redwood County was awarded this financial services contract by Brown County, as recorded on February 24, 2026. The contract value is Estimated $1,510,000 principal (Brown County share: $829,662); 20-year bond at interest not to exceed 5.18%.

How much is the Redwood County contract with Brown County worth?

The Redwood County contract with Brown County is valued at Estimated $1,510,000 principal (Brown County share: $829,662); 20-year bond at interest not to exceed 5.18%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Brown County Board of Commissioners Regular Meeting Agenda February 2026 (Agenda), dated February 24, 2026 from Brown County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Redwood County hold?

Redwood County 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 Redwood County's profile

What is Brown County currently buying?

Explore Brown County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Brown County's profile

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