City of Jordan Agenda Packet Issuance and Sale of General Obligation Bonds Series 2026A 2026-05-26
Jordan Awards 2026A GO Bond Sale to Northland Securities
Trusted by teams at
Description
The City of Jordan awarded the purchase of its $7,865,000 General Obligation Bonds, Series 2026A, to Northland Securities, Inc. for a purchase price of about $8.18 million. The 2026A bonds, maturing from 2028 through 2047, will finance street reconstruction and wastewater utility improvements.
Contract Details
Contract Amount
$8,182,380.11 (par amount $7,865,000.00, plus net original issue premium of $373,250.05, less underwriter’s discount of $55,869.94, plus any accrued interest)
Vendor
NORTHLAND SECURITIES INC
Agency
City of Jordan, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Bonds dated June 25, 2026, maturing annually February 1, 2028–February 1, 2047
Renewal Date
2047-02-01
More from NORTHLAND SECURITIES INC
Related Contracts
Champlin City Council Agenda 2026-05-26
APPROVEDChamplin City Council Agenda 2026-05-26
APPROVEDCity of Faribault City Council Agenda Packet May 12 2026
APPROVEDCity of Faribault City Council Agenda Packet May 12 2026
APPROVEDCity of Rice Lake Council Meeting Agenda Packet May 11 2026
APPROVEDMore from City of Jordan
City of Jordan AgendaPacket Railroad Surfacing PE Agreement - First Street and Rice Street 2026-05-26
City of Jordan Agenda Packet Issuance and Sale of General Obligation Bonds Series 2026A 2026-05-26
City of Jordan Agenda Packet Issuance and Sale of General Obligation Bonds Series 2026A 2026-05-26
City of Jordan Agenda Packet Issuance and Sale of General Obligation Bonds Series 2026A 2026-05-26
City of Jordan Agenda Packet Issuance and Sale of General Obligation Bonds Series 2026A 2026-05-26
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.