Derby Ratifies $42.38 Million Bond Sale to BofA
City of DerbyCity · Derby, KS- Disclosed value
- $42,380,000 principal amount; maximum principal authorized up to $46,500,000
- From agendapacket
- Document date
- Nov 10, 2026
The 30-second brief
Derby City Council is set to ratify its General Obligation Bonds Series 2026-B sale agreement with BofA Securities. The bonds have a principal amount of $42.38 million, within a maximum authorization of $46.5 million, at a 4.701893% true interest cost.
Bofa Securities holds this financial services contract with City of Derby. Its other public contracts on record include work for Connecticut Housing Finance Authority and Carrollton-Farmers Branch Independent School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $42,380,000 principal amount; maximum principal authorized up to $46,500,000
- Document date
- November 10, 2026
- Vendor
- Bofa Securities
- Agency
- City of Derby
- Source document
- City of Derby AgendaPacket City Council Meeting 2026-11-10 (AgendaPacket)
Bofa Securities's other public contracts
More City of Derby contracts
Questions about this contract
Who was awarded the financial services contract by City of Derby?
Bofa Securities was awarded this financial services contract by City of Derby, as recorded on November 10, 2026. The contract value is $42,380,000 principal amount; maximum principal authorized up to $46,500,000.
How much is the Bofa Securities contract with City of Derby worth?
The Bofa Securities contract with City of Derby is valued at $42,380,000 principal amount; maximum principal authorized up to $46,500,000, 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 Derby AgendaPacket City Council Meeting 2026-11-10 (AgendaPacket), dated November 10, 2026 from City of Derby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bofa Securities hold?
Bofa Securities 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 City of Derby currently buying?
Explore City of Derby's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.