Urban Renewal Agency Meeting Agenda February 2026
Mesirow Consults on Urban Renewal Bond Strategy
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Description
Through consultation with Mesirow, the City of Umatilla models issuance of up to $54.5 million (West) and $33.5 million (East) in zero-coupon bonds as part of its Urban Renewal Plans’ project delivery and financing strategy.
Contract Details
Vendor
MESIROW
Agency
City of Umatilla, OR
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
FYE 2027 and FYE 2030 debt issuance and repayment through 2043 (West) and 2039 (East)
Renewal Date
2044-06-30
Renewal Info
Debt structuring advice, scenario modeling, and potential further bond issuances as renewal plan projects advance to 2044.
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