Lincolnwood School District 74 Finance Committee Meeting Agenda Packet 2026-05-21
PMA Securities to Advise on 2027 Bond Issue
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Description
The Finance Committee recommended and the administration seeks Board approval of a Municipal Advisory Agreement with PMA Securities, LLC to advise on the planned $6 million General Obligation Limited Tax School Bonds, Series 2027, for an estimated fee of $31,050. The agreement, effective May 7, 2026, can be terminated by the District with 30 days’ notice.
Contract Details
Contract Amount
$31,050 (estimated fee tied to $6,000,000 bond issue)
Vendor
PMA SECURITIES LLC
Agency
Lincolnwood SD 74, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Effective as of May 7, 2026; term through completion or termination with 30 days’ written notice
Renewal Info
Engagement covers advisory services for the 2027 bond issuance and may be terminated with 30 days’ notice; no automatic renewal provisions are described.
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