CONTRACTAMENDED

Milford Amends Morgan Stanley Development Guarantee

Borough of Milford logoBorough of Milford
Disclosed value
Standby letter of credit reduced from $1,905,558.00 to $432,864.00
From minutes
Document date
Oct 5, 2026

The 30-second brief

What it covers

Milford Borough approved an amendment reducing Morgan Stanley Private Bank's standby letter of credit for River Ridge Farms from $1,905,558 to $432,864. The amended financial guarantee will secure remaining public improvements.

Who holds it

Morgan Stanley Private Bank National Association holds this financial services contract with Borough of Milford. Its other public contracts on record include work for West Geauga Local Schools and Glen Ellyn SD 41.

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Contract details

Contract type
Financial Services
Amount
Standby letter of credit reduced from $1,905,558.00 to $432,864.00
Document date
October 5, 2026
Source document
Milford Borough Minutes Regular Meeting October 5, 2026 (Minutes)

Morgan Stanley Private Bank National Association's other public contracts

More Borough of Milford contracts

Questions about this contract

Who was awarded the financial services contract by Borough of Milford?

Morgan Stanley Private Bank National Association was awarded this financial services contract by Borough of Milford, as recorded on October 5, 2026. The contract value is Standby letter of credit reduced from $1,905,558.00 to $432,864.00.

How much is the Morgan Stanley Private Bank National Association contract with Borough of Milford worth?

The Morgan Stanley Private Bank National Association contract with Borough of Milford is valued at Standby letter of credit reduced from $1,905,558.00 to $432,864.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Milford Borough Minutes Regular Meeting October 5, 2026 (Minutes), dated October 5, 2026 from Borough of Milford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Morgan Stanley Private Bank National Association hold?

Morgan Stanley Private Bank National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Borough of Milford currently buying?

Explore Borough of Milford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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