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City Discusses $1.37 Million Debt Payment With Ehlers

City of Independence
Disclosed value
$1,370,766
From minutes
Document date
Oct 5, 2026
Renews
Free account

The 30-second brief

What it covers

The City discussed with Ehlers a $1,370,766 balloon payment due December 31, 2026, on its 2021 General Obligation Promissory Note. Officials also plan to consult a local bank.

Who holds it

EHLERS holds this financial services contract with City of Independence. Its other public contracts on record include work for City of Arden Hills and City of Forest Lake.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,370,766
Document date
October 5, 2026
Term
2021 General Obligation Promissory Note; balloon payment due December 31, 2026
Renews
On record
Vendor
EHLERS
Agency
City of Independence
Source document
City of Independence Minutes Regular Council Meeting October 5, 2026 (Minutes)

EHLERS's other public contracts

City of Arden Hills, MinnesotaEhlers Continues Financial Advisory Work for Arden Hills · Nov 9, 2026UndisclosedCity of Arden Hills, MinnesotaArden Hills Reviews Ehlers Park Funding Strategies · Nov 9, 2026UndisclosedCity of Forest Lake, MinnesotaEhlers Reviews Public Works Facility Funding Options · Nov 9, 2026UndisclosedRandom Lake village, WisconsinEhlers Prepares Random Lake Annual TID Reports · Nov 8, 2026UndisclosedLodi Area Emergency Medical Service, WisconsinEhlers Prepares Lodi TID 5 Annual Report · Nov 8, 2026UndisclosedAll EHLERS contractsVendor profile

More City of Independence contracts

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Questions about this contract

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

EHLERS was awarded this financial services contract by City of Independence, as recorded on October 5, 2026. The contract value is $1,370,766.

How much is the EHLERS contract with City of Independence worth?

The EHLERS contract with City of Independence is valued at $1,370,766, 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 Independence Minutes Regular Council Meeting October 5, 2026 (Minutes), dated October 5, 2026 from City of Independence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does EHLERS hold?

EHLERS 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 Independence currently buying?

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

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