Bond counsel fees established for Lebanon TIF bonds

The Professional Fee Agreement earmarks $75,000 for City Bond Counsel for legal work on the Economic Development Tax Increment Revenue Bonds, Series 2026. Patch Limp Farms LLC will cover these legal costs if the bond transaction fails to close, with fees otherwise paid from bond proceeds at closing.

Scope & details

The full contract record, as filed.

Contract amount

$75,000 (portion of $150,000 maximum indemnification) plus additional normal and customary fees at bond closing

Contract type

LEGAL

Contract term

Services provided through economic development bond issuance process for Economic Development Tax Increment Revenue Bonds, Series 2026

Renewal

Single bond-related legal engagement with no renewal terms described.

Document type

Resolution

Source document

City of Lebanon Common Council Resolution 2026-40 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the legal contract by City of Lebanon?

City Bond Counsel was awarded this legal contract by City of Lebanon, as recorded on August 10, 2026. The contract value is $75,000 (portion of $150,000 maximum indemnification) plus additional normal and customary fees at bond closing.

How much is the City Bond Counsel contract with City of Lebanon worth?

The City Bond Counsel contract with City of Lebanon is valued at $75,000 (portion of $150,000 maximum indemnification) plus additional normal and customary fees at bond closing, covering legal work.

What type of contract is this?

This is a Legal contract, documented as a resolution record.

Where was this contract approved?

This contract appears in City of Lebanon Common Council Resolution 2026-40 2026-08-10 (Resolution), dated August 10, 2026 from City of Lebanon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City Bond Counsel hold?

City Bond Counsel 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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