Old National Bank Proposed as Saint Therese Note Lender
City of MedinaCity · Medina, MN- Disclosed value
- Up to $10,000,000 aggregate principal amount
- From agendapacket
- Document date
- Oct 20, 2026
The 30-second brief
Medina planned to issue up to $10 million in conduit revenue obligations privately placed with Old National Bank. The financing would support expansion of the Saint Therese senior living campus in Corcoran without creating a general obligation of the City.
Old National Bank holds this financial services contract with City of Medina. Its other public contracts on record include work for South Washington County School District and City of Sycamore city.
Term as filed: Term of the conduit revenue note; maturity and repayment schedule to be determined.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $10,000,000 aggregate principal amount
- Document date
- October 20, 2026
- Term
- Term of the conduit revenue note; maturity and repayment schedule to be determined
- Vendor
- Old National Bank
- Agency
- City of Medina
- Source document
- Medina AgendaPacket City Council Regular Meeting 2026-10-20 (AgendaPacket)
Old National Bank's other public contracts
More City of Medina contracts
Questions about this contract
Who was awarded the financial services contract by City of Medina?
Old National Bank was awarded this financial services contract by City of Medina, as recorded on October 20, 2026. The contract value is Up to $10,000,000 aggregate principal amount.
How much is the Old National Bank contract with City of Medina worth?
The Old National Bank contract with City of Medina is valued at Up to $10,000,000 aggregate principal amount, 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 Medina AgendaPacket City Council Regular Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from City of Medina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Old National Bank hold?
Old National Bank 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 Medina currently buying?
Explore City of Medina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.