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Board approves UMB Financial Services as municipal adviser after debt-capacity briefing
2086241 · January 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
UMB provided a county debt overview and the board approved a $15,000 engagement letter authorizing UMB to serve as Woodbury County’s municipal adviser when the county issues future debt.
UMB Financial Services representative Nate Summers updated the Woodbury County Board of Supervisors on the county’s outstanding debt and debt capacity and the board approved an engagement letter for UMB to act as the county’s municipal adviser.
Summers summarized valuation growth over recent years, reviewed principal and interest schedules for existing capital loan…
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