Olmsted County Awards Financial Services Contract to Morgan Stanley & Company LLC (October 2026)
Olmsted CountyCounty · Rochester, MN- Disclosed value
- $28,500,000 principal amount; purchase price of $29,197,953.63 plus accrued interest
- From agendapacket
- Awarded
- Oct 6, 2026
- Renews
- Free account
The 30-second brief
Olmsted County awarded the sale of its $28.5 million Series 2026A General Obligation Bonds to Morgan Stanley & Co., LLC. The purchaser agreed to pay $29,197,953.63 plus accrued interest to finance capital improvements and solid waste projects.
Morgan Stanley & Company LLC holds this financial services contract with Olmsted County. Its other public contracts on record include work for Office of the Washington State Treasurer and Florida Housing Finance Corporation.
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Contract details
- Contract type
- Financial Services
- Amount
- $28,500,000 principal amount; purchase price of $29,197,953.63 plus accrued interest
- Document date
- October 6, 2026
- Term
- Bonds mature February 1 in years 2028 through 2047, with applicable redemption provisions
- Renews
- On record
- Vendor
- Morgan Stanley & Company LLC
- Agency
- Olmsted County
- Source document
- Olmsted County AgendaPacket Board of Commissioners Meeting 2026-10-06 (AgendaPacket)
Morgan Stanley & Company LLC's other public contracts
More Olmsted County contracts
Questions about this contract
Who was awarded the financial services contract by Olmsted County?
Morgan Stanley & Company LLC was awarded this financial services contract by Olmsted County, as recorded on October 6, 2026. The contract value is $28,500,000 principal amount; purchase price of $29,197,953.63 plus accrued interest.
How much is the Morgan Stanley & Company LLC contract with Olmsted County worth?
The Morgan Stanley & Company LLC contract with Olmsted County is valued at $28,500,000 principal amount; purchase price of $29,197,953.63 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 Olmsted County AgendaPacket Board of Commissioners Meeting 2026-10-06 (AgendaPacket), dated October 6, 2026 from Olmsted County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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