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City Acquires Long-Term FAMCA Agency Bond

City of Friendswood city
Disclosed value
$500,000
From report
Document date
Mar 31, 2025
Term
01/07/25 – 01/07/28
Renews
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The 30-second brief

What it covers

The City of Friendswood purchased a $500,000 FAMCA bullet noncallable bond through HT, maturing January 7, 2028 with a 4.280% coupon. This long-term agency security supports the City’s extended investment horizon.

Who holds it

FAMCA holds this financial services contract with City of Friendswood city. Its other public contracts on record include work for City of SeaTac and Longview Independent School District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Friendswood city contract.

Renewal date on recordLocked

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Contract details

Contract type
Financial Services
Amount
$500,000
Document date
March 31, 2025
Term
01/07/25 – 01/07/28
Renews
Free account
Vendor
FAMCA
Agency
City of Friendswood city
Source document
city-of-friendswood-investment-report-march-31-2025_0a4.pdf (Report)

FAMCA's other public contracts

City of SeaTac, WashingtonSeaTac Purchases $2.5 Million FAMCA Bond · Oct 1, 2026$2.5MLongview Independent School District, TexasLongview ISD Holds $65 Million FAMCA Securities · Feb 28, 2026City of Ellensburg, WashingtonFAMCA Bond Investment for 2027 Maturity · Jun 30, 2025$2MCity of Ellensburg, WashingtonEllensburg Holds FAMCA Bond Maturing December 2028 · Dec 31, 2024$1MDublin City Schools, OhioFAMCA Agency Bond Investment Expires 2026 · Nov 30, 2024$1.7MAll FAMCA contractsVendor profile

More City of Friendswood city contracts

City of FriendswoodFDEDC to Consider Staffing Agreement with City · Oct 13, 2026UndisclosedCastle BiosciencesCastle Biosciences Development Agreement Covers Parkway Construction · Oct 6, 2026UndisclosedGalveston County Health DistrictWater Pollution Services Contract Proposed With County District · Sep 30, 2026UndisclosedBraun IntertecBraun Intertec Completed Falling Leaf Environmental Studies · Sep 30, 2026UndisclosedHarris-galveston Subsidence DistrictWater Conservation School Agreement Planned with District · Sep 30, 2026UndisclosedAll City of Friendswood city activityAgency profile

Questions about this contract

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

FAMCA was awarded this financial services contract by City of Friendswood city, as recorded on March 31, 2025. The contract value is $500,000.

How much is the FAMCA contract with City of Friendswood city worth?

The FAMCA contract with City of Friendswood city is valued at $500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-friendswood-investment-report-march-31-2025_0a4.pdf (Report), dated March 31, 2025 from City of Friendswood city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FAMCA hold?

FAMCA 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 Friendswood city currently buying?

Explore City of Friendswood city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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