FINANCIAL_SERVICESAPPROVED

City of Lakefield Awards Financial Services Contract to D.a. Davidson & Company (June 2026)

Lakefield City Council authorized the negotiated sale of up to $4,680,000 in General Obligation Improvement and Utility Revenue Bonds, Series 2026A, to D.A. Davidson & Co. The bonds will finance the 2026 Street & Utility Reconstruction Project and related issuance costs, with interest capped at 4.75%.

Status
APPROVED
Document date
June 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
D.a. Davidson & Company
Agency
City of Lakefield · MN

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
City of Lakefield City Council Minutes 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lakefield?

D.a. Davidson & Company was awarded this financial services contract by City of Lakefield, as recorded on June 22, 2026. The contract value is Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%.

How much is the D.a. Davidson & Company contract with City of Lakefield worth?

The D.a. Davidson & Company contract with City of Lakefield is valued at Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lakefield City Council Minutes 2026-06-22 (Minutes), dated June 22, 2026 from City of Lakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does D.a. Davidson & Company hold?

D.a. Davidson & Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Lakefield currently buying?

Explore City of Lakefield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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