Civic IQ
FINANCIAL_SERVICESAPPROVED

Fort Smith School District No. 100 Municipal Advisor Agreement 2026-05-18

District retains Stephens as municipal advisor for bonds

.28% of the par amount of the bonds to be issued (or of actual bond proceeds if sold with net premium)Fort Smith Public SchoolsSTEPHENS INCMay 18, 2026

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Description

Fort Smith School District No. 100 approved a Municipal Advisor Agreement with Stephens Inc. on May 18, 2026 to support issuance of approximately $15.4 million in construction bonds and future financings. Stephens will advise on structuring, documentation, disclosure, and continuing disclosure for a 60‑month term, earning 0.28% of bond par or proceeds upon issuance.

Contract Details

Contract Amount

.28% of the par amount of the bonds to be issued (or of actual bond proceeds if sold with net premium)

Vendor

STEPHENS INC

Agency

Fort Smith Public Schools, AR

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

May 18, 2026 through 60 months from acceptance

Renewal Date

2031-05-18

Renewal Info

Initial engagement remains in effect for 60 months from acceptance and covers this financing and subsequent financings; changes to scope or term require written amendment.

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