Shawnee Public Schools Board of Education Agenda Packet May 2026
District Awards $4.02M Bond Sale to Bank of Oklahoma
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Description
The Board awarded the purchase of $4,020,000 in Combined Purpose Building Bonds dated June 1, 2026 to Bank of Oklahoma and American Heritage at a 3.1435% interest rate. This financing will support capital projects district-wide.
Contract Details
Contract Amount
$4,020,000 (bond purchase at 3.1435% interest)
Vendor
BANK OF OKLAHOMA
Agency
Shawnee Public Schools, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Bonds dated June 1, 2026; term per bond resolution (not fully detailed)
Renewal Info
One-time bond issuance; future refunding or additional issuances would be separate actions.
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