City of Sartell Awards Financial Services Contract to Country Manor Campus Llc (October 2026)

Sartell approved up to $14.5 million in conduit revenue refunding bonds for Country Manor Campus LLC. The financing will refinance the company’s 2013 bonds and related senior-housing project costs, with final maturity no later than September 1, 2049; the City will receive a $50,000 issuance fee and assumes no repayment liability.

Document date · October 12, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Aggregate principal amount not to exceed $14,500,000; $50,000 nonprofit issuance fee

Contract type

FINANCIAL_SERVICES

Contract term

Final maturity no later than September 1, 2049

Renewal date

2049-09-01

Renewal

Seventh Amendment to Loan Agreement and related supplemental bond documents amend the existing financing structure. The bonds and related agreements may extend through the final maturity date.

Document type

AgendaPacket

Source document

City of Sartell AgendaPacket Final Assessment Hearing for Grizzly Lane Reconstruction 2026-10-12

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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 Sartell?

Country Manor Campus Llc was awarded this financial services contract by City of Sartell, as recorded on October 12, 2026. The contract value is Aggregate principal amount not to exceed $14,500,000; $50,000 nonprofit issuance fee.

How much is the Country Manor Campus Llc contract with City of Sartell worth?

The Country Manor Campus Llc contract with City of Sartell is valued at Aggregate principal amount not to exceed $14,500,000; $50,000 nonprofit issuance fee, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Sartell AgendaPacket Final Assessment Hearing for Grizzly Lane Reconstruction 2026-10-12 (AgendaPacket), dated October 12, 2026 from City of Sartell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Country Manor Campus Llc hold?

Country Manor Campus Llc 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 Country Manor Campus Llc's profile

What is City of Sartell currently buying?

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

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