City of Kennedale AgendaPacket Regular Meeting with Worksession 2026-06-16
SAMCO Capital Markets Presents $5M Bond Proposal
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Description
The City of Kennedale City Council heard a presentation from SAMCO Capital Markets about issuing a $5 million Certificate of Obligation to fund municipal projects. No formal contract action was taken at this meeting, but council approval is required for SAMCO to proceed with engagement.
Contract Details
Vendor
SAMCO CAPITAL MARKETS
Agency
KENNEDALE TOWNCENTER DEVELOPMENT DISTRICT, TX
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
20 years (Certificate of Obligation), August 2026 approval planned
Renewal Date
2046-08-18
Renewal Info
No contract action—future engagement and approval planned following council review in June 2026.
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