Eagle River Water & Sanitation District Resolution 2026-01 Designating Posting Location
$93M Wastewater Bond Underwriting Awarded to Piper Sandler & Co.
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Description
Eagle River Water & Sanitation District authorized Piper Sandler & Co. to underwrite and purchase up to $93 million in 2026 General Obligation Bonds to finance wastewater system upgrades, with a maximum repayment cost of $215 million and a final maturity no later than December 2056. The negotiated sale was approved per Board resolution.
Contract Details
Contract Amount
Not to exceed $93,000,000 principal; maximum total repayment cost $215,000,000; interest not to exceed 6.5%
Vendor
PIPER SANDLER & CO.
Agency
Eagle River Water And Sanitation District, CO
Contract Type
FINANCIAL_SERVICES
Document Date
January 22, 2026
Contract Term
From February 12, 2026 issuance to maturity no later than December 1, 2056
Renewal Date
2056-12-01
Renewal Info
Bonds may be sold in one or more series over up to one year; future supplementals or amendments per Board and bond counsel approval.
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Eagle River Water & Sanitation District Resolution 2026-01 Designating Posting Location
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