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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/$880,000

Cluster · debt_service · FY 2021

$880,000

Verified

Issuance of Equipment Certificates for capital equipment purchases.

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

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0

Date range

2021-09-14 — 2021-09-14

Every document that mentions this number (1)

Meeting City Council Meeting — Agenda Packet (2021-09-14)Sep 14, 2021p.2raw: $880,000
PDF →Auto-extracted
Issuance of Equipment Certificates for capital equipment purchases.
It is necessary and expedient to the sound financial management of the affairs of the City to issue general obligations in the aggregate principal amount of $880,000 (the "Equipment Certificates"), pursuant to the Capital Equipment Act, to provide financing for the acquisition of the Equipment.
Reasoning: This is the portion of the bond issue allocated to equipment purchases.