Northland Securities Structures Viaduct Park Bonds
City of FaribaultCity · Faribault, MN- Disclosed value
- Estimated principal amount of $3,815,000; estimated average coupon rate of approximately 4.00%
- From agendapacket
- Document date
- Oct 22, 2026
- Renews
- Free account
The 30-second brief
Northland Securities, Inc. prepared the preliminary structure for Faribault’s proposed $3.815 million General Obligation Tax Abatement Bonds, Series 2026A. The bonds would finance Viaduct Park Phase II and are expected to mature between 2027 and 2041.
Northland Securities Inc holds this financial services contract with City of Faribault. Its other public contracts on record include work for City of Grand Junction and Nebraska Investment Finance Authority.
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
- Estimated principal amount of $3,815,000; estimated average coupon rate of approximately 4.00%
- Document date
- October 22, 2026
- Term
- Bonds expected to mature between 2027 and 2041; average life of 9.4 years
- Renews
- Free account
- Vendor
- Northland Securities Inc
- Agency
- City of Faribault
- Source document
- City of Faribault AgendaPacket Charter Commission 2026-10-22 (AgendaPacket)
Northland Securities Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Faribault?
Northland Securities Inc was awarded this financial services contract by City of Faribault, as recorded on October 22, 2026. The contract value is Estimated principal amount of $3,815,000; estimated average coupon rate of approximately 4.00%.
How much is the Northland Securities Inc contract with City of Faribault worth?
The Northland Securities Inc contract with City of Faribault is valued at Estimated principal amount of $3,815,000; estimated average coupon rate of approximately 4.00%, covering financial services work.
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 City of Faribault AgendaPacket Charter Commission 2026-10-22 (AgendaPacket), dated October 22, 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 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 Faribault currently buying?
Explore City of Faribault's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.