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SeaTac Purchases $2.5 Million FAMCA Bond

City of SeaTac logoCity of SeaTac
Disclosed value
$2,500,000
From agendapacket
Document date
Oct 1, 2026
Renews
Free account

The 30-second brief

What it covers

SeaTac purchased a $2.5 million FAMCA bond settling August 31, 2026. The Federal Agricultural Mortgage Corporation security carries a 1.000% coupon and matures August 28, 2029.

Who holds it

FAMCA holds this financial services contract with City of SeaTac. Its other public contracts on record include work for Longview Independent School District and City of Ellensburg.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of SeaTac contract.

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Contract details

Contract type
Financial Services
Amount
$2,500,000
Document date
October 1, 2026
Term
Settlement date August 31, 2026; maturity date August 28, 2029
Renews
Free account
Vendor
FAMCA
Agency
City of SeaTac
Source document
City of SeaTac AgendaPacket Administration and Finance Committee Meeting 2026-10-01 (AgendaPacket)

FAMCA's other public contracts

Longview Independent School District, TexasLongview ISD Holds $65 Million FAMCA Securities · Feb 28, 2026City of Ellensburg, WashingtonFAMCA Bond Investment for 2027 Maturity · Jun 30, 2025$2MCity of Friendswood city, TexasCity Acquires Long-Term FAMCA Agency Bond · Mar 31, 2025$500KCity of Ellensburg, WashingtonEllensburg Holds FAMCA Bond Maturing December 2028 · Dec 31, 2024$1MDublin City Schools, OhioFAMCA Agency Bond Investment Expires 2026 · Nov 30, 2024$1.7MAll FAMCA contractsVendor profile

More City of SeaTac contracts

YMCASeaTac Committee Recommends YMCA Recreation Option · Oct 1, 2026UndisclosedRegional Animal Services of King County (Raskc)SeaTac Reviews Regional Animal Services Agreement · Oct 1, 2026Des MoinesSeaTac Plans ALPR Data-Sharing MOU With Des Moines · Oct 1, 2026UndisclosedPuget Sound Regional Fire AuthoritySeaTac Cites Puget Sound Fire Service Contract · Oct 1, 2026UndisclosedYMCASeaTac Committee Recommends YMCA Ground Lease Option · Oct 1, 2026UndisclosedAll City of SeaTac activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of SeaTac?

FAMCA was awarded this financial services contract by City of SeaTac, as recorded on October 1, 2026. The contract value is $2,500,000.

How much is the FAMCA contract with City of SeaTac worth?

The FAMCA contract with City of SeaTac is valued at $2,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of SeaTac AgendaPacket Administration and Finance Committee Meeting 2026-10-01 (AgendaPacket), dated October 1, 2026 from City of SeaTac. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FAMCA hold?

FAMCA 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 SeaTac currently buying?

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

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