FINANCIAL_SERVICESPENDING

Strongsville Plans $9 Million Bond Sale To Raymond James

Strongsville proposes selling up to $9 million in fire-station construction bonds to Raymond James & Associates, Inc. The bonds would be purchased at a price of at least 97% of principal, plus accrued interest, with maturities extending through 2051.

Document date · October 3, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $9,000,000; purchase price not less than 97% of aggregate principal amount, plus accrued interest
Contract type
FINANCIAL_SERVICES
Contract term
Bond delivery and closing date not specified; principal payments scheduled December 1, 2027 through December 1, 2051
Renewal date
2051-12-01
Renewal
One-time bond purchase and issuance transaction; no renewal provision stated.
Document type
Agenda
Source document
City of Strongsville Agenda 2026-10-05

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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 Strongsville?

Raymond James & Associates Inc was awarded this financial services contract by City of Strongsville, as recorded on October 3, 2026. The contract value is Up to $9,000,000; purchase price not less than 97% of aggregate principal amount, plus accrued interest.

How much is the Raymond James & Associates Inc contract with City of Strongsville worth?

The Raymond James & Associates Inc contract with City of Strongsville is valued at Up to $9,000,000; purchase price not less than 97% of aggregate principal amount, plus accrued interest, 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 Strongsville Agenda 2026-10-05 (Agenda), dated October 3, 2026 from City of Strongsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raymond James & Associates Inc hold?

Raymond James & Associates 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.

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What is City of Strongsville currently buying?

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