city_of_vernon_center_council_meeting_minutes_0904.pdf
City Reviews Ongoing Northland Trust Project Debt
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Description
Vernon Center council reviewed its outstanding $895,000 obligation to Northland Trust for the 2015 project, including a scheduled $80,025 principal payment due in June. The debt remains in place as part of the city’s long-term financing structure.
Contract Details
Contract Amount
$895,000.00 outstanding principal; $80,025.00 June principal payment
Vendor
NORTHLAND TRUST
Agency
City of Vernon Center, MN
Contract Type
FINANCIAL_SERVICES
Document Date
September 4, 2025
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