CONTRACTAPPROVED

City of Hewitt Awards Financial Services Contract to Samco Capital Markets Inc (June 2025)

City of Hewitt
Disclosed value
up to $16,000,000 (certificates of obligation issuance)
From agenda
Approved
Jun 2, 2025

The 30-second brief

What it covers

The City of Hewitt authorized Resolution No. 2025-03 to proceed with issuing up to $16 million in certificates of obligation, engaging SAMCO Capital Markets, Inc. as financial advisor to handle notices, documentation, and sale logistics through August 2025. The obligations will fund water, sewer, and street improvements along with related professional fees.

Who holds it

Samco Capital Markets Inc holds this financial services contract with City of Hewitt. Its other public contracts on record include work for City of Watauga and Alamo Heights Independent School District.

What happens next

Term as filed: Through anticipated sale and delivery of obligations on August 27, 2025.

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Contract details

Contract type
Financial Services
Amount
up to $16,000,000 (certificates of obligation issuance)
Document date
June 2, 2025
Term
Through anticipated sale and delivery of obligations on August 27, 2025
Source document
city-of-hewitt-city-council-regular-meeting-agenda-june-2-2025_b42.pdf (Agenda)

Samco Capital Markets Inc's other public contracts

More City of Hewitt contracts

Questions about this contract

Who was awarded the financial services contract by City of Hewitt?

Samco Capital Markets Inc was awarded this financial services contract by City of Hewitt, as recorded on June 2, 2025. The contract value is up to $16,000,000 (certificates of obligation issuance).

How much is the Samco Capital Markets Inc contract with City of Hewitt worth?

The Samco Capital Markets Inc contract with City of Hewitt is valued at up to $16,000,000 (certificates of obligation issuance), covering financial services work.

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-hewitt-city-council-regular-meeting-agenda-june-2-2025_b42.pdf (Agenda), dated June 2, 2025 from City of Hewitt. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Samco Capital Markets Inc hold?

Samco Capital Markets Inc 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 Hewitt currently buying?

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

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