CONTRACTONGOING

EDA Includes MFC Loan in 2027 Projections

City of Faribault logoCity of Faribault
Document date
Oct 22, 2026

The 30-second brief

What it covers

The Faribault Economic Development Authority continues to manage a payable loan with MFC. Expected principal and interest payments are included in the 2027 Revolving Fund cash projections.

Who holds it

MFC holds this financial services contract with City of Faribault. Its other public contracts on record include work for City of Martensville and City of Weyburn.

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Contract details

Contract type
Financial Services
Document date
October 22, 2026
Vendor
MFC
Source document
Faribault Economic Development Authority AgendaPacket Economic Development Authority Meeting 2026-10-22 (AgendaPacket)

MFC's other public contracts

More City of Faribault contracts

Questions about this contract

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

MFC was awarded this financial services contract by City of Faribault, as recorded on October 22, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Faribault Economic Development Authority AgendaPacket Economic Development Authority Meeting 2026-10-22 (AgendaPacket), dated October 22, 2026 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MFC hold?

MFC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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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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