town-of-fremont-city-council-minutes-capital-projects-housing-initiatives-july-28-2025_cac.pdf
Fairmont Secures $4.4M Loan for Water Tanks
Trusted by teams at
Description
City of Fairmont authorized a $4,476,290 loan agreement with the Minnesota Public Facilities Authority (PFA) for the replacement of two deteriorating 1.4-million-gallon water storage tanks in the industrial park with a single 2-million-gallon tank. The 20-year loan has an interest rate of 2.7%.
Contract Details
Contract Amount
$4,476,290
Vendor
MINNESOTA PUBLIC FACILITIES AUTHORITY
Agency
Town of Fremont, MN
Contract Type
Loan Agreement
Document Date
July 28, 2025
Contract Term
20 years
More from MINNESOTA PUBLIC FACILITIES AUTHORITY
Related Contracts
City of Duluth Minutes Final City Council 2026-05-26
PENDINGCity of Duluth Minutes Final City Council 2026-05-26
PENDINGLe Sueur City Council Minutes 2026-04-13
APPROVEDLe Sueur City Council Minutes 2026-04-13
APPROVEDCity of Stewartville Resolution 2026- Lead Service Line Replacement Project
PENDINGMore from Town of Fremont
Town of Fremont Minutes Town Board meeting minutes 2026-04-08
town-of-fremont-city-council-minutes-capital-projects-housing-initiatives-july-28-2025_cac.pdf
town-of-fremont-city-council-minutes-capital-projects-housing-initiatives-july-28-2025_cac.pdf
town-of-fremont-city-council-minutes-capital-projects-housing-initiatives-july-28-2025_cac.pdf
town-of-fremont-city-council-minutes-capital-projects-housing-initiatives-july-28-2025_cac.pdf
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.