Eureka Township Board Meeting Minutes November 12, 2025
Asphalt Road CD Renewed with New Market Bank
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Description
The Town Board authorized rolling over the Asphalt/Hard Road CD, totaling $128,267.12, into a new 7‑month certificate of deposit at 3.98% with New Market Bank. This continues the Township’s dedicated road funding investment.
Contract Details
Contract Amount
$128,267.12
Vendor
NEW MARKET BANK
Agency
Town of Eureka, MN
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2025
Contract Term
7 months at 3.98%
Renewal Date
2026-06-12
Renewal Info
CD renewed for a 7‑month term at 3.98% interest starting mid-November 2025; future renewal decisions not detailed.
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