Chaska Ratifies $27.5M Water Bond Sale

Scope & details

The full contract record, as filed.

Contract amount

$27,500,000 (par amount); purchase price $27,764,610.40; True Interest Cost 4.3114%

Contract type

FINANCIAL_SERVICES

Contract term

Bond issue dated August 20, 2026, with maturities from February 1, 2028 through February 1, 2052

Renewal date

2052-02-01

Renewal

Single bond underwriting and purchase transaction for the 2026B issue; no renewal, though future bond issues may be separately bid.

Document type

Agenda

Source document

Chaska City Council Agenda 2026-08-03

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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 Chaska?

Robert W. Baird & Company Inc was awarded this financial services contract by City of Chaska, as recorded on August 3, 2026. The contract value is $27,500,000 (par amount); purchase price $27,764,610.40; True Interest Cost 4.3114%.

How much is the Robert W. Baird & Company Inc contract with City of Chaska worth?

The Robert W. Baird & Company Inc contract with City of Chaska is valued at $27,500,000 (par amount); purchase price $27,764,610.40; True Interest Cost 4.3114%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Chaska City Council Agenda 2026-08-03 (Agenda), dated August 3, 2026 from City of Chaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Robert W. Baird & Company Inc hold?

Robert W. Baird & Company 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.

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