City of Clara Awards Financial Services Contract to Milk Specialties (October 2023)
City of ClaraCity · MN- Disclosed value
- $100,000 (4 year term at 5.25%)
- From minutes
- Approved
- Oct 25, 2023
- Term
- 4 year term at 5.25% interest
The 30-second brief
The Clara City Economic Development Authority approved a $100,000 loan to Milk Specialties at 5.25% interest over four years to help fund the extension of a new water line. The action supports local economic development and utility infrastructure improvements.
Milk Specialties holds this financial services contract with City of Clara. Its other public contracts on record include work for Monticello School District and Town of Lynch.
Term as filed: 4 year term at 5.25% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $100,000 (4 year term at 5.25%)
- Document date
- October 25, 2023
- Term
- 4 year term at 5.25% interest
- Vendor
- Milk Specialties
- Agency
- City of Clara
- Source document
- Clara City Economic Development Authority Minutes 2023-10-25 (Minutes)
Milk Specialties's other public contracts
More City of Clara contracts
Questions about this contract
Who was awarded the financial services contract by City of Clara?
Milk Specialties was awarded this financial services contract by City of Clara, as recorded on October 25, 2023. The contract value is $100,000 (4 year term at 5.25%).
How much is the Milk Specialties contract with City of Clara worth?
The Milk Specialties contract with City of Clara is valued at $100,000 (4 year term at 5.25%), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Clara City Economic Development Authority Minutes 2023-10-25 (Minutes), dated October 25, 2023 from City of Clara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Milk Specialties hold?
Milk Specialties 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 Clara currently buying?
Explore City of Clara's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.