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FINANCIAL_SERVICESAPPROVED

North Springs Improvement District AgendaPacket Meeting of the Board of Supervisors 2026-06-03

MBS Capital Markets Engaged for 2026 Revenue Bonds

Underwriting fee not to exceed 2.0% of par amount; minimum $50,000North Springs Improvement DistrictMBS CAPITAL MARKETS LLCJune 3, 2026

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

Description

The North Springs Improvement District approved a supplement to its agreement with MBS Capital Markets, LLC to provide investment banking services for the planned 2026 Water and Sewer Revenue Bonds. Compensation is contingent on successful bond sale, with fees not to exceed 2% of the bond's par amount and a minimum of $50,000.

Contract Details

Contract Amount

Underwriting fee not to exceed 2.0% of par amount; minimum $50,000

Vendor

MBS CAPITAL MARKETS LLC

Agency

North Springs Improvement District, FL

Contract Type

FINANCIAL_SERVICES

Document Date

June 3, 2026

Contract Term

Supplement effective June 3, 2026 until transaction completed or agreement terminated (Section 3 of agreement)

Renewal Info

Original agreement from September 12, 2013. This is a supplement specific to the 2026 Water and Sewer Revenue Bonds. Remains effective until transaction completion or termination per Section 3.

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