Civic IQ
FINANCIAL_SERVICESDISCUSSed

City of Española City Council Meeting Agenda May 2026

Española Weighs Investing Opioid Funds with Multi-Bank Securities

City of EspañolaMULTI-BANK SECURITIES INCMay 12, 2026

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

Description

Española officials discussed a resolution to invest part of the City’s opioid settlement funds with Multi-Bank Securities, Inc., aiming to enhance returns while keeping funds liquid for opioid response services. The action would shift a portion of funds from the current bank custodian into professionally managed securities.

Contract Details

Vendor

MULTI-BANK SECURITIES INC

Agency

City of Española, NM

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Renewal Info

Prospective new investment relationship for opioid settlement funds; no specific term, renewal provisions, or start date stated in the agenda.

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