Columbus Public Library Board Meeting Minutes February 2026
Library Foundation Investment Managed by D.A. Davidson
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Description
The Columbus Public Library Foundation maintains an ongoing investment management agreement with D.A. Davidson, which charges a standard fee of 85 basis points on assets under management. The agreement supports foundation and endowment investment activities.
Contract Details
Contract Amount
85 basis points on assets under management
Vendor
D.A. DAVIDSON
Agency
City of Columbus, NE
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2026
Contract Term
Ongoing
Renewal Info
Ongoing agreement, fee subject to Board review. No explicit renewal date mentioned but reviewed periodically.
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