City of Coldwater City Council Meeting Agenda April 2026
City Holds $16.4M in MBIA Class Investment
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Description
The City of Coldwater reported $16.43 million invested in MBIA Class at an average rate of 3.74% as of March 31, 2026. These funds are categorized as current investments in the city’s portfolio.
Contract Details
Contract Amount
$16,427,709.93
Vendor
MBIA CLASS
Agency
Town of Coldwater, MI
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Current as of March 31, 2026
Renewal Info
Short‑term investment vehicle; renews automatically as a cash management position until funds are reallocated.
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