FINANCIAL_SERVICESAWARDED

City of Lino Lakes Awards Financial Services Contract to Brownstone Investment Group Llc (April 2026)

Lino Lakes awarded the sale of its $8.355 million General Obligation Bonds, Series 2026A, to Brownstone Investment Group, LLC for a $9.225 million purchase price plus accrued interest. The bonds will finance Otter Lake Road and utility improvements and mature serially from 2028 through 2042.

Document date · April 27, 2026

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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
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
$9,225,379.70 purchase price for $8,355,000.00 principal amount, plus accrued interest
Contract type
FINANCIAL_SERVICES
Contract term
Bonds expected to be delivered May 18, 2026; serial maturities from February 1, 2028 through February 1, 2042
Renewal date
2042-02-01
Renewal
No renewal option; the bonds mature serially through February 1, 2042. The City may optionally redeem certain bonds beginning February 1, 2036.
Document type
AgendaPacket
Source document
City of Lino Lakes AgendaPacket 2026-04-27

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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 Lino Lakes?

Brownstone Investment Group Llc was awarded this financial services contract by City of Lino Lakes, as recorded on April 27, 2026. The contract value is $9,225,379.70 purchase price for $8,355,000.00 principal amount, plus accrued interest.

How much is the Brownstone Investment Group Llc contract with City of Lino Lakes worth?

The Brownstone Investment Group Llc contract with City of Lino Lakes is valued at $9,225,379.70 purchase price for $8,355,000.00 principal amount, plus accrued interest, 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 Lino Lakes AgendaPacket 2026-04-27 (AgendaPacket), dated April 27, 2026 from City of Lino Lakes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brownstone Investment Group Llc hold?

Brownstone Investment Group 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.

View Brownstone Investment Group Llc's profile

What is City of Lino Lakes currently buying?

Explore City of Lino Lakes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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