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City of Willmar receives good news for its general obligation bond issuance

Summary by West Central Tribune
WILLMAR — The Willmar City Council on Monday received good news before approving the sale of $4.065 million in general obligation bonds to fund the 2025 street improvement projects. The bonds will be issued by Northland Securities and have a term of 15 years at an interest rate of 3.81%, according to Jake Emeott of Baker Tilly, who noted that when structuring the bonds in early to mid-June, Baker Tilly was showing a true interest cost of 4.32%. …

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West Central TribuneWest Central Tribune
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City of Willmar receives good news for its general obligation bond issuance

WILLMAR — The Willmar City Council on Monday received good news before approving the sale of $4.065 million in general obligation bonds to fund the 2025 street improvement projects. The bonds will be issued by Northland Securities and have a term of 15 years at an interest rate of 3.81%, according to Jake Emeott of Baker Tilly, who noted that when structuring the bonds in early to mid-June, Baker Tilly was showing a true interest cost of 4.32%. …

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West Central Tribune broke the news in on Saturday, July 26, 2025.
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