MBS Capital Markets Buys $4.63M NSID Bonds
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Description
The District executed a Bond Purchase Contract with MBS Capital Markets LLC for $4,630,000 of Special Assessment Bonds, Series 2026 for the Parkland Royale II Assessment Area. The bonds finance completed water and wastewater improvements and will be repaid over 20 years from special assessments on benefiting properties.
Contract Details
Contract Amount
$4,630,000
Vendor
MBS CAPITAL MARKETS LLC
Agency
North Springs Improvement District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2026
Contract Term
20 annual installments, with capitalized interest through 11/1/2026
Renewal Date
2046-11-01
Renewal Info
Single bond purchase transaction for Series 2026 Bonds; no renewal or extension provisions described.
More from MBS CAPITAL MARKETS LLC
Issuing Agency
Special District
Coral Springs, FL
More from North Springs Improvement District
North Springs Improvement District Agenda Packet 2026-07-01
North Springs Improvement District Agenda Packet 2026-07-01
North Springs Improvement District Agenda Packet 2026-07-01
North Springs Improvement District Agenda Packet 2026-07-01
North Springs Improvement District Agenda Packet 2026-07-01
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