Gila County Board of Supervisors Special Meeting Agenda Packet 2026-05-26
Stifel Nicolaus supports $18.2M flood recovery bond issue
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Description
In partnership with Stifel Nicolaus, Gila County issued $18,195,000 in Pledged Revenue Obligations, Series 2026, to front‑fund flood recovery while preserving reserves and maintaining a flat primary property tax rate. The bonds carry a 10‑year amortization with the first payment due January 2027.
Contract Details
Vendor
STIFEL NICOLAUS
Agency
Gila County Library District, AZ
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Pledged Revenue Obligations, Series 2026, issued May 14, 2026, with 10‑year amortization
Renewal Date
2036-01-31
Renewal Info
Series 2026 obligations are structured with a fixed 10‑year repayment schedule; renewal is not applicable.
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