FINANCIAL_SERVICESAPPROVED

Goodhue County Agreement ReConnect Program Grant and Security Agreement 2026-05-19

USDA RUS Awards $3.21M ReConnect Grant

Not to exceed $3,210,000Goodhue CountyUNITED STATES OF AMERICA ACTING THROUGH THE ADMINISTRATOR OF THE RURAL UTILITIES SERVICEMay 19, 2026

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Description

The United States, through USDA Rural Utilities Service, awarded Goodhue County and Nuvera up to $3.21 million in ReConnect grant funding to construct rural broadband infrastructure. The agreement includes a five-year window for fund advances and a 20-year federal service and lien obligation on grant-funded assets.

Contract Details

Contract Amount

Not to exceed $3,210,000

Vendor

UNITED STATES OF AMERICA ACTING THROUGH THE ADMINISTRATOR OF THE RURAL UTILITIES SERVICE

Agency

Goodhue County, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Five years from the Release of Funds Date for advances, with a 20-year service obligation on financed facilities

Renewal Info

RUS’s obligation to advance funds expires five years after the Release of Funds Date, while the grant’s service and security obligations continue for the 20-year composite economic life of the assets; there is no automatic renewal, but obligations end when all conditions and service obligations are satisfied or the agreement is replaced.

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