City Schedules $898K Payment to MN PFA | City of Zimmerman | MINNESOTA PUBLIC FACILITIES AUTHORITY

City Schedules $898K Payment to MN PFA

Zimmerman’s Finance Department seeks approval to remit a $898,974.65 semi-annual GO bond loan payment to the Minnesota Public Facilities Authority for existing drinking water and wastewater improvement loans. This payment will fully retire the City’s 2007 loan while continuing amortization on remaining debt, including a wastewater loan maturing in 2029.

Document date · August 3, 2026

Track City of Zimmerman contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Zimmerman.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$898,974.65

Contract type

FINANCIAL_SERVICES

Contract term

Semi-annual GO bond loan payment, August 2026

Renewal date

2029-12-31

Renewal

Payment relates to four existing PFA loans; the 2007 loan is paid off with this installment and the 2009 wastewater loan is projected to mature in 2029.

Document type

Agenda

Source document

City of Zimmerman Agenda 2026-08-03

Frequently asked questions

Common questions about this contract, answered from the record.

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

Minnesota Public Facilities Authority was awarded this financial services contract by City of Zimmerman, as recorded on August 3, 2026. The contract value is $898,974.65.

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

The Minnesota Public Facilities Authority contract with City of Zimmerman is valued at $898,974.65, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Zimmerman Agenda 2026-08-03 (Agenda), dated August 3, 2026 from City of Zimmerman. 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 Zimmerman currently buying?

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

View City of Zimmerman's profile