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City of Nowthen · Borrowed in 2025
Still being repaidVerified ✓
From the audited financial statements' long-term-debt notes. See the source page
Amount borrowed
$1,250,000
Interest rate
4.00-5.00%
Issued
December 10, 2025
Final payment due
Feb. 1, 2036
Still owed
$1,250,000
as of Wednesday, December 31, 2025
Source description: 2024 Street Projects — Waco Street, Waco Drive, 182nd Lane & Ventre Street
Source description: 2025 Street Projects — Krypton Street, Lithium Street, 189th Lane, 194th Lane, and Tiger Street
Source description: Commercial four-door rear mount pumper
“items include a commercial four-door rear mount pumper and a Tool Cat”
“items include a commercial four-door rear mount pumper and a Tool Cat”
Principal still owed at each year-end, from the audits.
| Year-end | Still owed | Paid down that year | Source |
|---|---|---|---|
| 2025 | $1,250,000 | p.118 |
Council motions that mention these bonds. Auto-extracted from meeting records — follow the links to verify.
“MOTION BY COUNCIL MEMBER RAINVILLE, SECONDED BY MAYOR HYBBEN, TO APPROVE RESOLUTION 2025-104 AWARDING THE SALE OF GENERAL OBLIGATION BOND SERIES 2025A IN THE ORIGINAL AGGREGATE PRINCIPAL AMOUNT OF $1,250,000, FIXING THEIR FORMS AND SPECIFICATIONS, DIRECTING TH…”
Passed · 4 AYES - COUNCIL MEMBER RAINVILLE, MAYOR HYBBEN, COUNCIL MEMBER BREYEN, COUNCIL MEMBER SWENSON. 1 NAY- COUNCIL MEMBER GLASER. MOTION CARRIED. · moved by Council Member Rainville, seconded by Mayor HybbenTuesday, November 18, 2025 — City Council Meeting
“MOTION BY COUNCIL MEMBER RAINVILLE, SECONDED BY MAYOR HYBBEN TO APPROVE A RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF GENERAL OBLIGATION BONDS SERIES 2025A IN THE PROPOSED AGGREGATE PRINCIPAL AMOUNT OF $1,460,000 WHICH IS SUBJECT TO CHANGE.”
Passed · Via roll call vote, 5 ayes. Motion carried. · moved by Council Member Rainville, seconded by Mayor HybbenTuesday, October 14, 2025 — City Council Meeting
Read every discussion of these bonds in search.