FINANCIAL_SERVICESAPPROVED

City of Osakis Awards Financial Services Contract to David Drowns (August 2026)

Osakis approved Resolution 2026-22 to negotiate the sale of $1,985,000 in general obligation bonds for the 2026A Main Street Project issue, working with financial advisor David Drowns. The bonds are expected to be repaid over 15 years, with a 20-year option under consideration.

Status
APPROVED
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
David Drowns
Agency
City of Osakis · MN

Trusted by teams at

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
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
$1,985,000 bond issuance (services fee not stated)
Contract type
FINANCIAL_SERVICES
Contract term
15-year anticipated bond repayment period (20-year option under review)
Document type
AgendaPacket
Source document
Osakis Council AgendaPacket 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

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

David Drowns was awarded this financial services contract by City of Osakis, as recorded on August 10, 2026. The contract value is $1,985,000 bond issuance (services fee not stated).

How much is the David Drowns contract with City of Osakis worth?

The David Drowns contract with City of Osakis is valued at $1,985,000 bond issuance (services fee not stated), 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 Osakis Council AgendaPacket 2026-08-10 (AgendaPacket), dated August 10, 2026 from City of Osakis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does David Drowns hold?

David Drowns 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 David Drowns's profile

What is City of Osakis currently buying?

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

View City of Osakis's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free