FINANCIAL_SERVICESAPPROVED

City of Canton Awards Financial Services Contract to Minnesota Rural Water Finance Authority (August 2026)

The City of Canton approved an Advance Agreement with Minnesota Rural Water Finance Authority to finance water system improvements. The agreement supports a bond anticipation note of up to $3,741,000 for replacement of water and sewer mains, with permanent financing expected through USDA Rural Development.

Document date · August 12, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
not to exceed $3,741,000
Contract type
FINANCIAL_SERVICES
Renewal
If permanent financing is not obtained before the stated maturity date of the Governmental Master Note, the authorized officers may approve an extension by executing an Extension Certificate attached to the note form.
Document type
Resolution
Source document
City of Canton Resolution 2026-13 Advance Agreement with Minnesota Rural Water Finance Authority 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Canton?

Minnesota Rural Water Finance Authority was awarded this financial services contract by City of Canton, as recorded on August 12, 2026. The contract value is not to exceed $3,741,000.

How much is the Minnesota Rural Water Finance Authority contract with City of Canton worth?

The Minnesota Rural Water Finance Authority contract with City of Canton is valued at not to exceed $3,741,000, 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 City of Canton Resolution 2026-13 Advance Agreement with Minnesota Rural Water Finance Authority 2026-08-12 (Resolution), dated August 12, 2026 from City of Canton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Minnesota Rural Water Finance Authority hold?

Minnesota Rural Water Finance Authority 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 Minnesota Rural Water Finance Authority's profile

What is City of Canton currently buying?

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