FINANCIAL_SERVICESAPPROVED

City of Groveland Awards Financial Services Contract to Flagstar Public Funding Corp (July 2026)

The Groveland City Council will consider Resolution 2026-36 to accept a financing proposal from Flagstar Public Funding Corp. for a Capital Improvement Revenue Note, Series 2026A, in an amount not to exceed $12,588,750. The term loan will fund acquisition, construction, and equipping of South Lake Regional Park Phase 1B and be repaid from budgeted non-ad valorem revenues.

Status
APPROVED
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Flagstar Public Funding Corp
Agency
City of Groveland · FL

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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
Principal amount not to exceed $12,588,750
Contract type
FINANCIAL_SERVICES
Contract term
Capital Improvement Revenue Note, Series 2026A term loan (specific maturity not stated)
Renewal
Capital Improvement Revenue Note is a fixed-term debt instrument; no renewal or extension options are specified in the agenda text.
Document type
AgendaPacket
Source document
City of Groveland Agenda Packet 2026-07-06

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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 Groveland?

Flagstar Public Funding Corp was awarded this financial services contract by City of Groveland, as recorded on July 6, 2026. The contract value is Principal amount not to exceed $12,588,750.

How much is the Flagstar Public Funding Corp contract with City of Groveland worth?

The Flagstar Public Funding Corp contract with City of Groveland is valued at Principal amount not to exceed $12,588,750, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Groveland Agenda Packet 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Groveland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Flagstar Public Funding Corp hold?

Flagstar Public Funding Corp 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 Flagstar Public Funding Corp's profile

What is City of Groveland currently buying?

Explore City of Groveland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Groveland's profile

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