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City of Davenport Awards $28,130,000 Financial Services Contract to Fhn Financial Capital Markets (April 2025)

City of Davenport logoCity of Davenport
Disclosed value
$28,130,000
From minutes
Awarded
Apr 9, 2025
Term
May 13, 2025 – June 1, 2040
Renews
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The 30-second brief

What it covers

The City of Davenport awarded FHN Financial Capital Markets a $28.13 million contract to underwrite and purchase the Series 2025 General Obligation Corporate Bonds. The bonds fund citywide improvements and mature from 2026 to 2040, with a true interest cost of 4.622%.

Who holds it

Fhn Financial Capital Markets holds this financial services contract with City of Davenport. Its other public contracts on record include work for Wharton County Junior College and Coupland Independent School District.

What happens next

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Contract details

Contract type
Financial Services
Amount
$28,130,000
Document date
April 9, 2025
Term
May 13, 2025 – June 1, 2040
Renews
On record
Vendor
Fhn Financial Capital Markets
Agency
City of Davenport
Source document
City of Davenport Council Meeting Minutes April 2025 (Minutes)

Fhn Financial Capital Markets's other public contracts

Wharton County Junior College, TexasInvestment Broker List Includes FHN Financial Capital Markets · Oct 19, 2026UndisclosedCoupland Independent School District, TexasSeries 2026 Bond Sale Awarded to FHN Financial · Oct 19, 2026GABE P ALLEN NEW TECH ACADEMY, TexasFHN Financial Listed for Fiscal Year Approval · Oct 9, 2026UndisclosedCoupland Independent School District, TexasCoupland Awards Bond Sale to FHN Financial · Sep 28, 2026UndisclosedCoupland Independent School District, TexasCoupland Awards Series 2026 Bonds to FHN Financial · Sep 28, 2026UndisclosedAll Fhn Financial Capital Markets contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Davenport?

Fhn Financial Capital Markets was awarded this financial services contract by City of Davenport, as recorded on April 9, 2025. The contract value is $28,130,000.

How much is the Fhn Financial Capital Markets contract with City of Davenport worth?

The Fhn Financial Capital Markets contract with City of Davenport is valued at $28,130,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Davenport Council Meeting Minutes April 2025 (Minutes), dated April 9, 2025 from City of Davenport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fhn Financial Capital Markets hold?

Fhn Financial Capital Markets 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 Davenport currently buying?

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

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