Phoenix Urban Renewal Agency (PHURA) Agenda March 16, 2026
Mesirow Facilitates $3.5M Bond for PHURA Projects
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Description
Mesirow facilitated a $3.5 million Full Faith and Credit Obligation bond for the Phoenix Urban Renewal Agency, funding land acquisitions and capital projects with repayment through 2041.
Contract Details
Contract Amount
$3,500,000
Vendor
MESIROW
Agency
City of Phoenix, OR
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Contract Term
Dated Date 03/25/2026, final maturity 12/01/2040 (15-year term)
Renewal Date
2040-12-01
Renewal Info
15-year bond financing. No prepayment penalty. Scheduled to mature December 1, 2040.
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