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An independent project organizing public records from the City of Nowthen, Minnesota. Not an official city site. Documents and votes are sourced from cityofnowthen.gov; interpretations are AI-extracted and may need correction.

Home/Money/Clusters/$50,000

Cluster · grant · FY 2024

$50,000

Verified

Potential conduit bond fee revenue for Senior Housing project in St. Francis.

Not promoted to the official baseline.

This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.

Corroboration

1docs

Consensus

0%

Votes attached

0

Date range

2024-09-10 — 2024-09-10

Every document that mentions this number (1)

Meeting City Council Meeting — Agenda Packet (2024-09-10)Sep 10, 2024p.4raw: $50,000
PDF →Auto-extracted
Potential conduit bond fee revenue for Senior Housing project in St. Francis.
This is an opportunity to use the city's bonding ability to receive up to $50,000 for letting the Senior Housing project in St. Francis use Nowthen's bonds. It is a 134-unit property on Ambassador and three (3) cities are participating.
Reasoning: Described as revenue for the city for acting as a conduit for bonding.