CONTRACTAPPROVED

St Tammany Parish Development District Awards Financial Services Contract to Wells Fargo Municipal Capital Strategies LLC (November 2025)

St Tammany Parish Development District logoSt Tammany Parish Development District
Disclosed value
$75,000,000 (acquisition of existing bond)
From minutes
Approved
Nov 20, 2025
Renews
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The 30-second brief

What it covers

The Board authorized Wells Fargo Municipal Capital Strategies, LLC to become the new holder of AWG’s $75 million Gulf Opportunity Zone Revenue Bond as part of a Sixth Supplemental Trust Indenture. The subsidiary will hold a replacement bond registered in its name while the underlying PILOT agreement remains unchanged.

Who holds it

Wells Fargo Municipal Capital Strategies LLC holds this financial services contract with St Tammany Parish Development District. Its other public contracts on record include work for Escambia County School District and Byrneville Elementary School Inc..

What happens next

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Contract details

Contract type
Financial Services
Amount
$75,000,000 (acquisition of existing bond)
Document date
November 20, 2025
Term
Assumes bondholder role for existing issue with mandatory tender extended to 2030
Renews
On record
Source document
St. Tammany Parish Development District Board of Commissioners Meeting Minutes November 2025 (Minutes)

Wells Fargo Municipal Capital Strategies LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by St Tammany Parish Development District?

Wells Fargo Municipal Capital Strategies LLC was awarded this financial services contract by St Tammany Parish Development District, as recorded on November 20, 2025. The contract value is $75,000,000 (acquisition of existing bond).

How much is the Wells Fargo Municipal Capital Strategies LLC contract with St Tammany Parish Development District worth?

The Wells Fargo Municipal Capital Strategies LLC contract with St Tammany Parish Development District is valued at $75,000,000 (acquisition of existing bond), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in St. Tammany Parish Development District Board of Commissioners Meeting Minutes November 2025 (Minutes), dated November 20, 2025 from St Tammany Parish Development District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wells Fargo Municipal Capital Strategies LLC hold?

Wells Fargo Municipal Capital Strategies LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is St Tammany Parish Development District currently buying?

Explore St Tammany Parish Development District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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