MBS Capital Markets Engaged for 2026 Revenue Bonds
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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.
More from MBS CAPITAL MARKETS LLC
Issuing Agency
Utility District
Fort Lauderdale, FL
More from North Springs Improvement District
North Springs Improvement District AgendaPacket Meeting of the Board of Supervisors 2026-06-03
North Springs Improvement District Meeting Minutes January 2026
north_springs_improvement_district_board_minutes_d.pdf
north_springs_improvement_district_board_minutes_d.pdf
north_springs_improvement_district_board_minutes_d.pdf
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