District Considers Raymond James Bond Underwriting Agreement

Tradition Community Development District No. 1 is considering an underwriting services agreement with Raymond James & Associates, Inc. The firm would underwrite or place proposed irrigation revenue utility bonds, with compensation set at the greater of $50,000 or 2% of the bonds' par amount and payable only upon a successful transaction.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

The greater of $50,000 or 2% of the par amount of Bonds issued

Contract type

FINANCIAL_SERVICES

Contract term

Effective upon acceptance until terminated; either party may terminate without cause upon 90 days' written notice

Renewal

The agreement remains effective until terminated. Either party may terminate without cause with 90 days' written notice; future bond issuances may require supplemental engagement terms.

Document type

AgendaPacket

Source document

Tradition Community Development District 1 AgendaPacket Regular Board Meeting 2026-10-07

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Tradition Community Development District 1?

Raymond James & Associates Inc was awarded this financial services contract by Tradition Community Development District 1, as recorded on October 4, 2026. The contract value is The greater of $50,000 or 2% of the par amount of Bonds issued.

How much is the Raymond James & Associates Inc contract with Tradition Community Development District 1 worth?

The Raymond James & Associates Inc contract with Tradition Community Development District 1 is valued at The greater of $50,000 or 2% of the par amount of Bonds issued, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Tradition Community Development District 1 AgendaPacket Regular Board Meeting 2026-10-07 (AgendaPacket), dated October 4, 2026 from Tradition Community Development District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Raymond James & Associates Inc hold?

Raymond James & Associates Inc 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 Raymond James & Associates Inc's profile

What is Tradition Community Development District 1 currently buying?

Explore Tradition Community Development District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Tradition Community Development District 1's profile