FINANCIAL_SERVICESAWARDED

City of Park Rapids Awards Financial Services Contract to Northland Securities Inc (August 2025)

Park Rapids City Council adopted Resolution 2025-128 awarding the sale of $1.805 million General Obligation Utility Revenue Bonds, Series 2025A, to Northland Securities, Inc. The bonds, dated September 4, 2025 and maturing 2026–2035, will finance water and sewer utility improvements.

Status
AWARDED
Document date
August 12, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Northland Securities Inc
Agency
City of Park Rapids · MN

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Bonds dated September 4, 2025, with maturities 2026–2035
Renewal date
2035-12-15
Renewal
One-time bond underwriting engagement for Series 2025A; future bond issues would require separate actions.
Document type
Agenda
Source document
city-of-park-rapids-city-council-meeting-agenda-august-12-2025_39d.pdf

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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 Park Rapids?

Northland Securities Inc was awarded this financial services contract by City of Park Rapids, as recorded on August 12, 2025.

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-park-rapids-city-council-meeting-agenda-august-12-2025_39d.pdf (Agenda), dated August 12, 2025 from City of Park Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northland Securities Inc hold?

Northland Securities Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Park Rapids currently buying?

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

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