FINANCIAL_SERVICESAPPROVED

City of Independence Awards Financial Services Contract to Stifel, Nicolaus & Company Incorporated (October 2026)

The Industrial Development Authority authorized the sale of Wally’s Redevelopment Project Series 2026 bonds to Stifel, Nicolaus & Company, Incorporated. The bond issue may not exceed $12 million, with a maximum 2.75% underwriter’s discount and final maturity no later than 2056.

Document date · October 1, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Series 2026 Bonds aggregate principal amount not to exceed $12,000,000; underwriter’s discount not to exceed 2.75% of principal amount
Contract type
FINANCIAL_SERVICES
Contract term
Final maturity not later than 2056; optional redemption not later than 2036
Renewal date
2056-12-31
Renewal
Bond Purchase Agreement associated with the Series 2026 bond issuance; no renewal or extension option stated.
Document type
Resolution
Source document
The Industrial Development Authority of the City of Independence Resolution Tax Increment and Special District Revenue Bonds Wally's Redevelopment Project 2026-10-01

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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 Independence?

Stifel, Nicolaus & Company Incorporated was awarded this financial services contract by City of Independence, as recorded on October 1, 2026. The contract value is Series 2026 Bonds aggregate principal amount not to exceed $12,000,000; underwriter’s discount not to exceed 2.75% of principal amount.

How much is the Stifel, Nicolaus & Company Incorporated contract with City of Independence worth?

The Stifel, Nicolaus & Company Incorporated contract with City of Independence is valued at Series 2026 Bonds aggregate principal amount not to exceed $12,000,000; underwriter’s discount not to exceed 2.75% of principal amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in The Industrial Development Authority of the City of Independence Resolution Tax Increment and Special District Revenue Bonds Wally's Redevelopment Project 2026-10-01 (Resolution), dated October 1, 2026 from City of Independence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stifel, Nicolaus & Company Incorporated hold?

Stifel, Nicolaus & Company Incorporated may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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