City Considers Bond Refinancing Engagement With Bernardi

Effingham City Council reviewed an engagement letter from Bernardi Securities to refinance the City’s public building bonds, including the police station and Fire Station #2, ahead of the December 1, 2026 optional redemption date. The proposed refinancing aims to secure a lower interest rate on the remaining $5,835,000 balance.

Document date · August 18, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Financial advisory engagement related to a specific refinancing transaction; ongoing services or renewals would depend on the final engagement terms.

Document type

Agenda

Source document

City of Effingham Agenda City Council Meeting 2026-08-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Effingham city?

Bernardi Securities was awarded this financial services contract by City of Effingham city, as recorded on August 18, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Effingham Agenda City Council Meeting 2026-08-18 (Agenda), dated August 18, 2026 from City of Effingham city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bernardi Securities hold?

Bernardi 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.

View Bernardi Securities's profile

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