City of Augusta Strategic Retreat Agenda April 2026
Piper Sandler Proposes Revenue Bond Option for Electric Upgrades
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Description
Piper Sandler has modeled a $7.35 million Electric System Revenue Bond option for Augusta’s Electric Low Voltage Project, projecting amortization through 2049. This alternative structure is being evaluated alongside GO bonds for optimal cost and flexibility.
Contract Details
Vendor
PIPER SANDLER
Agency
City of Augusta, KS
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Dated Date 08/27/2026 – Final Maturity 09/01/2049
Renewal Date
2049-09-01
Renewal Info
This represents a preliminary financing option; any engagement for underwriting or advisory services would extend through the 2049 maturity if selected.
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City of Augusta Strategic Retreat Agenda April 2026
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