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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 · fee · FY 2024

$50,000

Verified

Fee paid to the City of Nowthen for acting as conduit issuer for St. Francis Senior Housing Project bonds.

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

2024-06-11 — 2024-06-11

Every document that mentions this number (1)

Meeting City Council Meeting — Agenda Packet (2024-06-11)Jun 11, 2024p.7raw: $50,000.00
PDF →Auto-extracted
Fee paid to the City of Nowthen for acting as conduit issuer for St. Francis Senior Housing Project bonds.
To finance this project, the borrower, Vista Prairie at Eagle Point LLC, is requesting the City of Nowthen issue Conduit Bonds to help with the financing. ... There is a $50,000.00 fee to the City of Nowthen, with no expenditures or responsibility of debt.
Reasoning: Explicitly described as a fee to the city for conduit bond issuance.