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Lincolnwood School District 74 StaffReport PMA Municipal Advisory Agreement 2026-05-21

District recommends municipal advisory pact with PMA Securities

$31,050 (estimated, based on $6,000,000 bond issue)Lincolnwood SD 74PMA SECURITIES LLCMay 21, 2026

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Description

Lincolnwood School District 74’s Finance Committee recommends Board approval of a Municipal Advisory Agreement with PMA Securities, LLC to support issuance of $6,000,000 General Obligation Limited Tax School Bonds, Series 2027. The agreement includes an estimated advisory fee of $31,050, adjustable with bond size, and may be terminated by the District with 30 days written notice.

Contract Details

Contract Amount

$31,050 (estimated, based on $6,000,000 bond issue)

Vendor

PMA SECURITIES LLC

Agency

Lincolnwood SD 74, IL

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

Contract Term

Terminable by the District upon 30 days prior written notice

Renewal Info

Agreement may be terminated by the District upon 30 days prior written notice; no fixed term or automatic renewal is specified.

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Issuing Agency

Lincolnwood SD 74

School

Lincolnwood, IL

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Vendor

PMA SECURITIES LLC

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