Blue Earth Ratifies Electric Bond Sale to Northland Securities
City of Blue EarthCity · Blue Earth, MN- Disclosed value
- $33,915,000 principal amount; purchase price of $33,616,561.10 plus accrued interest; true interest cost of 5.5303903%
- From resolution
- Document date
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
Blue Earth ratified the award of its $33.915 million Series 2026C electric revenue bond sale to Northland Securities, Inc. The bonds were priced at $33,616,561.10 plus accrued interest and carry a true interest cost of 5.5303903%, with delivery scheduled for November 18, 2026.
Northland Securities Inc holds this financial services contract with City of Blue Earth. Its other public contracts on record include work for Housing And Redevelopment Authority and City of Columbus.
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Contract details
- Contract type
- Financial Services
- Amount
- $33,915,000 principal amount; purchase price of $33,616,561.10 plus accrued interest; true interest cost of 5.5303903%
- Document date
- October 28, 2026
- Term
- Bond purchase and delivery scheduled for November 18, 2026
- Renews
- On record
- Vendor
- Northland Securities Inc
- Agency
- City of Blue Earth
- Source document
- Blue Earth Resolution Relating to $33,915,000 Electric Revenue Bonds, Series 2026C 2026-10-28 (Resolution)
Northland Securities Inc's other public contracts
More City of Blue Earth contracts
Questions about this contract
Who was awarded the financial services contract by City of Blue Earth?
Northland Securities Inc was awarded this financial services contract by City of Blue Earth, as recorded on October 28, 2026. The contract value is $33,915,000 principal amount; purchase price of $33,616,561.10 plus accrued interest; true interest cost of 5.5303903%.
How much is the Northland Securities Inc contract with City of Blue Earth worth?
The Northland Securities Inc contract with City of Blue Earth is valued at $33,915,000 principal amount; purchase price of $33,616,561.10 plus accrued interest; true interest cost of 5.5303903%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Blue Earth Resolution Relating to $33,915,000 Electric Revenue Bonds, Series 2026C 2026-10-28 (Resolution), dated October 28, 2026 from City of Blue Earth. 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 City of Blue Earth currently buying?
Explore City of Blue Earth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.