City of Bettendorf Awards Financial Services Contract to Hilltop Securities Inc (January 2023)
City of BettendorfCity · Bettendorf, IA- Disclosed value
- $13,280,000 at a true interest rate of 3.3033798% and total purchase price $14,238,306.46
- From meeting minutes
- Awarded
- Jan 17, 2023
The 30-second brief
The Bettendorf City Council awarded the sale of $13.28 million in General Obligation Bonds, Series 2023A, to Hilltop Securities, Inc. of Dallas, Texas at a true interest rate of 3.3033798% and a total purchase price of $14,238,306.46. The award followed a competitive bid process and was approved unanimously by the council.
Hilltop Securities Inc holds this financial services contract with City of Bettendorf. Its other public contracts on record include work for City of Pittsburg and North Carolina Department of State Treasurer | State of North Carolina.
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Contract details
- Contract type
- Financial Services
- Amount
- $13,280,000 at a true interest rate of 3.3033798% and total purchase price $14,238,306.46
- Document date
- January 17, 2023
- Vendor
- Hilltop Securities Inc
- Agency
- City of Bettendorf
- Source document
- city-of-bettendorf-meeting-minutes-2023-01-17_60a.pdf (Meeting Minutes)
Hilltop Securities Inc's other public contracts
More City of Bettendorf contracts
Questions about this contract
Who was awarded the financial services contract by City of Bettendorf?
Hilltop Securities Inc was awarded this financial services contract by City of Bettendorf, as recorded on January 17, 2023. The contract value is $13,280,000 at a true interest rate of 3.3033798% and total purchase price $14,238,306.46.
How much is the Hilltop Securities Inc contract with City of Bettendorf worth?
The Hilltop Securities Inc contract with City of Bettendorf is valued at $13,280,000 at a true interest rate of 3.3033798% and total purchase price $14,238,306.46, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city-of-bettendorf-meeting-minutes-2023-01-17_60a.pdf (Meeting Minutes), dated January 17, 2023 from City of Bettendorf. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hilltop Securities Inc hold?
Hilltop Securities Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Bettendorf currently buying?
Explore City of Bettendorf's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.