CONTRACTPENDING

Stifel Proposed as Sanitary Sewer Note Purchaser

City of Middleburg Heights
Disclosed value
Not to exceed $10,280,000
From agenda
Document date
Oct 12, 2026

The 30-second brief

What it covers

Middleburg Heights proposed selling up to $10,280,000 in sanitary sewer notes to Stifel, Nicolaus &Company, Incorporated. The ordinance also authorizes a note purchase agreement with the original purchaser.

Who holds it

Stifel, Nicolaus &company Inc holds this financial services contract with City of Middleburg Heights.

What happens next

Term as filed: Notes mature one year from the date of issuance, subject to an authorized earlier maturity date.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $10,280,000
Document date
October 12, 2026
Term
Notes mature one year from the date of issuance, subject to an authorized earlier maturity date
Source document
City of Middleburg Heights Agenda 2026-10-13 (Agenda)

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Questions about this contract

Who was awarded the financial services contract by City of Middleburg Heights?

Stifel, Nicolaus &company Inc was awarded this financial services contract by City of Middleburg Heights, as recorded on October 12, 2026. The contract value is Not to exceed $10,280,000.

How much is the Stifel, Nicolaus &company Inc contract with City of Middleburg Heights worth?

The Stifel, Nicolaus &company Inc contract with City of Middleburg Heights is valued at Not to exceed $10,280,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Middleburg Heights Agenda 2026-10-13 (Agenda), dated October 12, 2026 from City of Middleburg Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Stifel, Nicolaus &company Inc hold?

Stifel, Nicolaus &company 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 Middleburg Heights currently buying?

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

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