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City of Faribault Awards Financial Services Contract to Bok Financial Services (June 2026)

City of Faribault logoCity of Faribault
Disclosed value
$3,610,000 (bond principal)
From minutes
Awarded
Jun 9, 2026
Term
15 years
Renews
Free account

The 30-second brief

What it covers

The City Council awarded the $3,610,000 General Obligation Sewer Revenue Bonds, Series 2026B, to BOK Financial Services at a 3.48% true interest cost over 15 years to fund sewer capital projects. Resolution 2026-169 authorizes the bond sale and related execution and payment terms, with the bonds callable midway through their term.

Who holds it

Bok Financial Services holds this financial services contract with City of Faribault. Its other public contracts on record include work for Gering Public Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Faribault contract.

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Contract details

Contract type
Financial Services
Amount
$3,610,000 (bond principal)
Document date
June 9, 2026
Term
15 years
Renews
Free account
Vendor
Bok Financial Services
Agency
City of Faribault
Source document
City of Faribault City Council Minutes 2026-06-09 (Minutes)

Bok Financial Services's other public contracts

Gering Public Schools, NebraskaBOK Financial Services Confirmed as District Bank · Feb 9, 2026UndisclosedGering Public Schools, NebraskaBOK Financial Services to Hold District Funds · Feb 9, 2026UndisclosedGering Public Schools, NebraskaBOK Financial Services Named District Depository · Jan 12, 2026UndisclosedGering Public Schools, NebraskaBOK Financial Services Named Funds Depository · Jan 12, 2026UndisclosedGering Public Schools, NebraskaBOK Financial Services Receives School Fund Depository Approval · Jan 12, 2026UndisclosedAll Bok Financial Services contractsVendor profile

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Questions about this contract

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

Bok Financial Services was awarded this financial services contract by City of Faribault, as recorded on June 9, 2026. The contract value is $3,610,000 (bond principal).

How much is the Bok Financial Services contract with City of Faribault worth?

The Bok Financial Services contract with City of Faribault is valued at $3,610,000 (bond principal), 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 City of Faribault City Council Minutes 2026-06-09 (Minutes), dated June 9, 2026 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bok Financial Services hold?

Bok Financial Services 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 Faribault currently buying?

Explore City of Faribault's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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