District Amends Arbitrage Compliance Agreement with MRMG
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Description
Palmer Plantation MUD No. 1 amended its agreement with Municipal Risk Management Group to increase annual maintenance fees to $500 per year and bond issue fees to $600 per issue for arbitrage and yield restriction analysis. The revised contract maintains MRMG's role in monitoring bond compliance and potential arbitrage exposure.
Contract Details
Contract Amount
$500.00 per year per District; $600.00 per additional bond issue
Vendor
MUNICIPAL RISK MANAGEMENT GROUP
Agency
Palmer Plantation Mud 1, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Renewal Info
Amended and restated agreement adjusts ongoing annual and per-issue fees; exact term and renewal provisions were not specified in the minutes.
More from MUNICIPAL RISK MANAGEMENT GROUP
More from Palmer Plantation Mud 1
Palmer Plantation Municipal Utility District No. 1 Minutes of Regular Meeting 2026-04-15
Palmer Plantation Municipal Utility District No. 1 Minutes of Regular Meeting 2026-04-15
Palmer Plantation Municipal Utility District No. 1 Minutes of Regular Meeting 2026-04-15
Palmer Plantation Municipal Utility District No. 1 Minutes of Regular Meeting 2026-04-15
Palmer Plantation Municipal Utility District No. 1 Minutes of Regular Meeting 2026-04-15
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