District Pays Issuance Costs for 2023 Cash Defeasance

Little Cypress Mauriceville CISD engaged USCA Municipal Advisors, LLC for financial advisory and issuance services related to the 2023 cash defeasance of its Maintenance Tax Notes, Series 2018, with a listed cost of issuance of $6,000.00. The transaction defeased $6.68 million of outstanding notes using district cash, generating projected net present value savings.

Scope & details

The full contract record, as filed.

Contract amount

$6,000.00

Contract type

FINANCIAL_SERVICES

Contract term

Around delivery date 02/01/2023 (one-time cost of issuance for 2023 Cash Defeasance)

Document type

Report

Source document

little-cypress-mauriceville-cisdreport2023-02-01_8d1.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Little Cypress-Mauriceville Consolidated Independent School District?

Usca Municipal Advisors Llc was awarded this financial services contract by Little Cypress-Mauriceville Consolidated Independent School District, as recorded on February 1, 2023. The contract value is $6,000.00.

How much is the Usca Municipal Advisors Llc contract with Little Cypress-Mauriceville Consolidated Independent School District worth?

The Usca Municipal Advisors Llc contract with Little Cypress-Mauriceville Consolidated Independent School District is valued at $6,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in little-cypress-mauriceville-cisdreport2023-02-01_8d1.pdf (Report), dated February 1, 2023 from Little Cypress-Mauriceville Consolidated Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Usca Municipal Advisors Llc hold?

Usca Municipal Advisors Llc 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 Little Cypress-Mauriceville Consolidated Independent School District currently buying?

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