INDEPENDENT SCHOOL DISTRICT NO. 625 Resolution March 17, 2026
$17M Certificate Sale Awarded to Robert W. Baird & Co.
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Description
Saint Paul Public Schools awarded the sale of $17,080,000 Certificates of Participation, Series 2026A, to Robert W. Baird & Co. at a true interest cost of 3.84%. The funds will finance four major school facilities projects under the SPPS Builds initiative, with closing scheduled for April 8, 2026.
Contract Details
Contract Amount
$17,080,000
Vendor
ROBERT W. BAIRD & COMPANY
Agency
St. Paul Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 15, 2026
Contract Term
Closing April 8, 2026
Renewal Date
2026-04-08
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