City of Lakefield Awards Financial Services Contract to D.a. Davidson & Co (July 2026)

The Lakefield City Council approved Resolution 26-19 authorizing a negotiated sale of up to $4.68 million of General Obligation Improvement and Utility Revenue Bonds, Series 2026A, to D.A. Davidson & Co. The bonds will finance the 2026 Street & Utility Reconstruction Project and related issuance costs.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%

Contract type

FINANCIAL_SERVICES

Document type

AgendaPacket

Source document

City of Lakefield AgendaPacket 2026-07-06

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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 Lakefield?

D.a. Davidson & Co was awarded this financial services contract by City of Lakefield, as recorded on July 6, 2026. The contract value is Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%.

How much is the D.a. Davidson & Co contract with City of Lakefield worth?

The D.a. Davidson & Co contract with City of Lakefield is valued at Not to exceed $4,680,000 principal; true interest cost not to exceed 4.75%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Lakefield AgendaPacket 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Lakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does D.a. Davidson & Co hold?

D.a. Davidson & Co 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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