City of Kannapolis Awards Financial Services Contract to Davenport Public Finance (June 2026)
City of KannapolisCity · Kannapolis, NC- Disclosed value
- Not to exceed $25,000, plus an additional fee equal to 4% of the advisory fee and reimbursable direct out-of-pocket expenses
- From minutes
- Approved
- Jun 22, 2026
The 30-second brief
Kannapolis approved a fee arrangement addendum with Davenport Public Finance for financial advisory services related to the proposed Parks and Recreation general obligation bond referendum. Fees are capped at $25,000, plus a 4% additional fee and reimbursable expenses, and the arrangement continues until terminated with 30 days' notice.
Davenport Public Finance holds this financial services contract with City of Kannapolis. Its other public contracts on record include work for Town of Rocky Mount and Fauquier County.
Term as filed: Effective until terminated by either party; either party may terminate upon 30 days' written notice without cause.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $25,000, plus an additional fee equal to 4% of the advisory fee and reimbursable direct out-of-pocket expenses
- Document date
- June 22, 2026
- Term
- Effective until terminated by either party; either party may terminate upon 30 days' written notice without cause
- Vendor
- Davenport Public Finance
- Agency
- City of Kannapolis
- Source document
- City of Kannapolis Minutes 2026-06-22 (Minutes)
Davenport Public Finance's other public contracts
More City of Kannapolis contracts
Questions about this contract
Who was awarded the financial services contract by City of Kannapolis?
Davenport Public Finance was awarded this financial services contract by City of Kannapolis, as recorded on June 22, 2026. The contract value is Not to exceed $25,000, plus an additional fee equal to 4% of the advisory fee and reimbursable direct out-of-pocket expenses.
How much is the Davenport Public Finance contract with City of Kannapolis worth?
The Davenport Public Finance contract with City of Kannapolis is valued at Not to exceed $25,000, plus an additional fee equal to 4% of the advisory fee and reimbursable direct out-of-pocket expenses, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Kannapolis Minutes 2026-06-22 (Minutes), dated June 22, 2026 from City of Kannapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Davenport Public Finance hold?
Davenport Public Finance 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 Kannapolis currently buying?
Explore City of Kannapolis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.