City of East Grand Forks Agenda Packet 2026-06-16
Solid Waste Bond Financing Agreement Amended for ACSC
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Description
Council authorized the 2nd Amendment to the Solid Waste Disposal Revenue Bond Financing Agreement with American Crystal Sugar Company, extending the bond's mandatory purchase date to June 30, 2031.
Contract Details
Contract Amount
$11,500,000 (bond principal)
Vendor
AMERICAN CRYSTAL SUGAR COMPANY
Agency
City of East Grand Forks, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Extended to June 30, 2031
Renewal Date
2031-06-30
Renewal Info
Original agreement June 1, 2016; First amendment June 21, 2021; Second amendment June 16, 2026 now extends to June 30, 2031.
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