City of Daly Awards $1,015,000 Financial Services Contract to Federal Agricultural Mtg Corp (October 2026)
City of DalyCity · Daly City, CA- Disclosed value
- $1,015,000.00
- From agendapacket
- Approved
- Oct 26, 2026
The 30-second brief
Daly City reported a $1.015 million General Fund investment in a Federal Agricultural Mtg Corp security at a 4.650% stated rate. The purchase appeared in the third-quarter 2026 investment report.
Federal Agricultural Mtg Corp holds this financial services contract with City of Daly.
Term as filed: Purchased August 2026; maturity August 7, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,015,000.00
- Document date
- October 26, 2026
- Term
- Purchased August 2026; maturity August 7, 2026
- Vendor
- Federal Agricultural Mtg Corp
- Agency
- City of Daly
- Source document
- City of Daly City AgendaPacket 2026-10-26 (AgendaPacket)
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Questions about this contract
Who was awarded the financial services contract by City of Daly?
Federal Agricultural Mtg Corp was awarded this financial services contract by City of Daly, as recorded on October 26, 2026. The contract value is $1,015,000.00.
How much is the Federal Agricultural Mtg Corp contract with City of Daly worth?
The Federal Agricultural Mtg Corp contract with City of Daly is valued at $1,015,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Daly City AgendaPacket 2026-10-26 (AgendaPacket), dated October 26, 2026 from City of Daly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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