FINANCIAL_SERVICESPENDING

City Advances City Hall Funding via FMLC Programs

The City of South Pasadena signaled its intent to use the Florida Municipal Loan Council for financing the new City Hall and related capital needs. The agreement outlines program options and fee schedules, with the Florida League of Cities acting as Administrator.

Document date · January 6, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Competitive Capital Access Program: 0.10% upfront fee ($7,500 minimum, $25,000 maximum) per loan; Fixed-Rate Bond Program: 0.05% upfront fee ($17,500 minimum) per bond issue; Ongoing admin: 0.10% annually ($7,500 min, $25,000 max)
Contract type
FINANCIAL_SERVICES
Contract term
Life of the loan (admin services ongoing); Upfront fee at closing
Renewal
Ongoing administrative fee applies annually for the life of the loan. Fees and amended terms may be updated prior to closing via amended Letters of Intent.
Document type
Agenda
Source document
City of South Pasadena Administrative Workshop Agenda Jan 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of South Pasadena?

Florida Municipal Loan Council was awarded this financial services contract by City of South Pasadena, as recorded on January 6, 2026. The contract value is Competitive Capital Access Program: 0.10% upfront fee ($7,500 minimum, $25,000 maximum) per loan; Fixed-Rate Bond Program: 0.05% upfront fee ($17,500 minimum) per bond issue; Ongoing admin: 0.10% annually ($7,500 min, $25,000 max).

How much is the Florida Municipal Loan Council contract with City of South Pasadena worth?

The Florida Municipal Loan Council contract with City of South Pasadena is valued at Competitive Capital Access Program: 0.10% upfront fee ($7,500 minimum, $25,000 maximum) per loan; Fixed-Rate Bond Program: 0.05% upfront fee ($17,500 minimum) per bond issue; Ongoing admin: 0.10% annually ($7,500 min, $25,000 max), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of South Pasadena Administrative Workshop Agenda Jan 2026 (Agenda), dated January 6, 2026 from City of South Pasadena. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Florida Municipal Loan Council hold?

Florida Municipal Loan Council may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Florida Municipal Loan Council's profile

What is City of South Pasadena currently buying?

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