City of New Germany City Council Meeting Minutes 2026-05-05
City Adds $250,000 Investment With Ehlers
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Description
The City Council approved investing an additional $250,000 with Ehlers Investment Team to manage municipal funds, following a prior presentation on investment options. The motion passed unanimously 5–0.
Contract Details
Contract Amount
$250,000
Vendor
EHLERS INVESTMENT TEAM
Agency
City of New Germany, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Renewal Info
Additional investment of $250,000 with existing financial services provider Ehlers Investment Team; prior investment of $250,000 referenced at April 21 meeting, indicating an ongoing relationship.
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