FINANCIAL_SERVICESAWARDED

City of Ortonville Awards Financial Services Contract to Minnesota Public Facilities Authority (September 2026)

The Ortonville City Council awarded the sale of a $666,639 General Obligation Water Revenue Note of 2026A to the Minnesota Public Facilities Authority. The loan agreement finances watermain replacement and includes a $2,666,556 principal forgiveness grant, with scheduled maturities through August 20, 2045.

Document date · September 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$666,639 General Obligation Water Revenue Note of 2026A; $2,666,556 Principal Forgiveness Grant
Contract type
FINANCIAL_SERVICES
Contract term
Dated June 11, 2026 loan agreement; principal maturities August 20, 2027 through August 20, 2045
Renewal date
2045-08-20
Renewal
Loan repayment is scheduled through August 20, 2045; no renewal option stated.
Document type
Minutes
Source document
City of Ortonville Minutes Council Meeting 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Minnesota Public Facilities Authority was awarded this financial services contract by City of Ortonville, as recorded on September 8, 2026. The contract value is $666,639 General Obligation Water Revenue Note of 2026A; $2,666,556 Principal Forgiveness Grant.

How much is the Minnesota Public Facilities Authority contract with City of Ortonville worth?

The Minnesota Public Facilities Authority contract with City of Ortonville is valued at $666,639 General Obligation Water Revenue Note of 2026A; $2,666,556 Principal Forgiveness Grant, 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 Ortonville Minutes Council Meeting 2026-09-08 (Minutes), dated September 8, 2026 from City of Ortonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Minnesota Public Facilities Authority hold?

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

View Minnesota Public Facilities Authority's profile

What is City of Ortonville currently buying?

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

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