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FINANCIAL_SERVICESAPPROVED

Independent School District No. 308 Resolution Adopting Long-Term Facilities Maintenance Plan for Fiscal Year 2028 2026-06-22

School District Hires PMA Securities for Bond Advisory

Nevis Public School DistrictPMA SECURITIES LLCJune 19, 2026

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Derivita logo
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Description

Nevis Public School District No. 308 approved retaining PMA Securities, LLC as municipal advisor for upcoming facilities maintenance bond sales. PMA will handle solicitation, marketing, and advisory tasks for bonds up to $8,070,000 through June 2027. The arrangement supports financing of indoor air quality, health, safety, and roofing improvements.

Contract Details

Vendor

PMA SECURITIES LLC

Agency

Nevis Public School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

June 19, 2026

Contract Term

Through completion of bond issuance, expiration not later than June 30, 2027

Renewal Date

2027-06-30

Renewal Info

Bond advisory relationship expires if purchase agreement for bonds is not entered by June 30, 2027. No auto-renewal indicated.

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