City of Pella Agenda 2026-05-19
Pella Awards $5.5M Bond Underwriting to D.A. Davidson
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Description
The City of Pella has awarded the $5,495,000 General Obligation Capital Loan Notes, Series 2026B, to D.A. Davidson to underwrite the municipal bonds that will fund major street and sewer extension projects. The debt is payable through 2046.
Contract Details
Contract Amount
$5,495,000 (subject to change)
Vendor
D.A. DAVIDSON
Agency
City of Pella, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Payable through June 1, 2046
Renewal Date
2046-06-01
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