Financial advisor fees set for 2026 TIF bonds

The City’s financial advisor is allocated a $75,000 fee under the Professional Fee Agreement for work on the Economic Development Tax Increment Revenue Bonds, Series 2026. Patch Limp Farms LLC will reimburse these fees under agreed indemnification thresholds if the bond issue does not close, or they will be 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

FINANCIAL_SERVICES

Contract term

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

Renewal

One-time engagement associated with the 2026 Economic Development Tax Increment Revenue Bonds, with no renewal terms stated.

Document type

Resolution

Source document

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

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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 Lebanon?

City Financial Advisor was awarded this financial services 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 Financial Advisor contract with City of Lebanon worth?

The City Financial Advisor 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 financial services work.

What type of contract is this?

This is a Financial Services 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 Financial Advisor hold?

City Financial Advisor 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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