District Awards Bond Underwriting To D.A. Davidson & Co.
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Description
The Seward County School District 009 Board approved the sale of up to $25 million in General Obligation School Building Bonds to D.A. Davidson & Co. as underwriter and initial purchaser. The bonds will finance safety, facility, program, and athletic improvements with maturities up to 25 years and compensation capped by the resolution.
Contract Details
Contract Amount
Not to exceed $25,000,000 principal; Underwriter’s discount or placement agent fee not to exceed 1.25%
Vendor
D.A. DAVIDSON & CO
Agency
Seward Public Schools, NE
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
Bonds with maturities up to 25 years from date of issuance; first series anticipated in 2026, second series in 2027
Renewal Info
Bond Purchase Agreements for each series may be executed by authorized officers through July 31, 2027 without further Board action; additional series (e.g., 2026B or 2027) may be issued within that window.
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