CONTRACTDISCUSSSED

USDA Rural long-term loan eligibility discussed

Town of Northfield
Document date
Feb 26, 2025
Term
40-year loans

The 30-second brief

What it covers

The Sewer Commission discussed utilizing USDA Rural financing, noting that Northfield qualifies for low-interest, 40-year loans to support sewer capital improvement needs. No formal borrowing authorization was approved at this meeting.

Who holds it

Usda Rural holds this financial services contract with Town of Northfield. Its other public contracts on record include work for City of Belmond and City of Parkston.

What happens next

Term as filed: 40-year loans.

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Contract details

Contract type
Financial Services
Document date
February 26, 2025
Term
40-year loans
Source document
town-of-northfield-meeting-minutes-2025-02-26_91a.pdf (Meeting Minutes)

Usda Rural's other public contracts

More Town of Northfield contracts

Questions about this contract

Who was awarded the financial services contract by Town of Northfield?

Usda Rural was awarded this financial services contract by Town of Northfield, as recorded on February 26, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-northfield-meeting-minutes-2025-02-26_91a.pdf (Meeting Minutes), dated February 26, 2025 from Town of Northfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Usda Rural hold?

Usda Rural may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Northfield currently buying?

Explore Town of Northfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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