FINANCIAL_SERVICESONGOING

Stifel Named Underwriter for Bond Sale

The district is moving forward with Stifel, Nicolaus & Company, Incorporated as underwriter for its 2026 D general obligation bonds. The negotiated sale covers up to $39.715 million in principal, with pricing limits set by resolution.

Document date · September 9, 2026

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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
Not to exceed $39,715,000 aggregate principal amount; true interest cost not to exceed 5.50%; underwriter's discount not to exceed 0.3% (excluding original issue discount, which shall not exceed 5.00%)
Contract type
FINANCIAL_SERVICES
Contract term
Not more than 20 years from date of issuance
Renewal date
2026-09-09
Document type
Resolution
Source document
Del Mar Union School District Resolution Resolution No. 2026-20 Issuance and Sale of General Obligation Bonds 2026-09-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Del Mar Union Elementary?

Stifel, Nicolaus & Company Incorporated was awarded this financial services contract by Del Mar Union Elementary, as recorded on September 9, 2026. The contract value is Not to exceed $39,715,000 aggregate principal amount; true interest cost not to exceed 5.50%; underwriter's discount not to exceed 0.3% (excluding original issue discount, which shall not exceed 5.00%).

How much is the Stifel, Nicolaus & Company Incorporated contract with Del Mar Union Elementary worth?

The Stifel, Nicolaus & Company Incorporated contract with Del Mar Union Elementary is valued at Not to exceed $39,715,000 aggregate principal amount; true interest cost not to exceed 5.50%; underwriter's discount not to exceed 0.3% (excluding original issue discount, which shall not exceed 5.00%), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Del Mar Union School District Resolution Resolution No. 2026-20 Issuance and Sale of General Obligation Bonds 2026-09-09 (Resolution), dated September 9, 2026 from Del Mar Union Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stifel, Nicolaus & Company Incorporated hold?

Stifel, Nicolaus & Company Incorporated 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 Del Mar Union Elementary currently buying?

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