Midland village Awards Financial Services Contract to Arizona Industrial Development Authority (November 2024)

The Midland City Council approved jurisdictional consent for the Arizona Industrial Development Authority to issue up to $355 million in tax-exempt bonds, refinancing Independence Village of Midland and seven related facilities. The action fulfills federal IRS requirements for local approval and involves no financial obligation by the city.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $355,000,000 (bond principal)

Contract type

FINANCIAL_SERVICES

Renewal

Approval is a one-time jurisdictional consent; no term or renewal applicable.

Document type

Here's the analysis of the provided document in the requested pipeline-delimited format: Agenda

Source document

midland-village-agenda-2024-11-11_a6d.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Midland village?

Arizona Industrial Development Authority was awarded this financial services contract by Midland village, as recorded on November 11, 2024. The contract value is Not to exceed $355,000,000 (bond principal).

How much is the Arizona Industrial Development Authority contract with Midland village worth?

The Arizona Industrial Development Authority contract with Midland village is valued at Not to exceed $355,000,000 (bond principal), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a here's the analysis of the provided document in the requested pipeline-delimited format: agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in midland-village-agenda-2024-11-11_a6d.pdf (Here's the analysis of the provided document in the requested pipeline-delimited format: Agenda), dated November 11, 2024 from Midland village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arizona Industrial Development Authority hold?

Arizona Industrial Development Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Arizona Industrial Development Authority's profile

What is Midland village currently buying?

Explore Midland village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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