Diversion Finance Committee - 08.26.2026

The City of Fargo's Diversion Finance Committee convened on August 26, 2026, to address several administrative and financial matters. Key procurement-related discussions included the approval of bills totaling approximately $6.38 million, with significant payments to the County Joint Water Resource District for land buyouts and reimbursements to the City of Fargo for in-town projects. The committee also reviewed finance reports highlighting increased sales tax revenues and ongoing expenditures related to construction milestones and eminent domain property acquisitions. A contract amendment was approved to extend services for document control related to a public-private partnership (P3) project, with payments made on an hourly basis and budget credits applied in prior years. Additionally, updates on loan draws from the WIFIA program were provided, indicating ongoing funding for specific city projects. The meeting included elections for committee chair and vice chair positions but focused primarily on financial oversight and contract management for diversion-related infrastructure projects.