FINANCIAL_SERVICESAWARDED

City of Lino Lakes Awards Financial Services Contract to Brownstone Investment Group Llc (April 2026)

Lino Lakes awarded the sale of its $8,355,000 General Obligation Bonds, Series 2026A, to Brownstone Investment Group, LLC at a purchase price of approximately $9.23 million. The bonds will finance the Otter Lake Road extension, associated public improvements, and utility system upgrades through 2042 maturities.

Status
AWARDED
Document date
April 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Brownstone Investment Group Llc
Agency
City of Lino Lakes · MN

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$8,355,000 (par amount of bonds); $9,225,379.70 purchase price
Contract type
FINANCIAL_SERVICES
Contract term
Bonds dated on or about May 18, 2026, maturing serially February 1, 2028 through February 1, 2042
Renewal date
2042-02-01
Renewal
Bond resolution sets maturities from 2028 to 2042 with optional redemption beginning February 1, 2036 for bonds maturing on or after February 1, 2037.
Document type
Agenda
Source document
City of Lino Lakes City Council Agenda April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lino Lakes?

Brownstone Investment Group Llc was awarded this financial services contract by City of Lino Lakes, as recorded on April 27, 2026. The contract value is $8,355,000 (par amount of bonds); $9,225,379.70 purchase price.

How much is the Brownstone Investment Group Llc contract with City of Lino Lakes worth?

The Brownstone Investment Group Llc contract with City of Lino Lakes is valued at $8,355,000 (par amount of bonds); $9,225,379.70 purchase price, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Lino Lakes City Council Agenda April 2026 (Agenda), dated April 27, 2026 from City of Lino Lakes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brownstone Investment Group Llc hold?

Brownstone Investment Group Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Lino Lakes currently buying?

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

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