Town of Lynn Awards $1,616,000 Bond Underwriting Contract to Robert W. Baird & Co. Incorporated (April 2025)
Town of LynnCity · AL- Disclosed value
- $1,616,000
- From meeting minutes
- Approved
- Apr 2, 2025
- Term
- 30 years
The 30-second brief
The Town of Lynn approved a contract with Baird, who acted as the underwriter for a $1,616,000 final bond amount. The contract aims to secure longer-term fixed financing, potentially a 30-year term with 10-year call protection. The water rates are expected to increase to support the loan debt.
Robert W. Baird & Co. Incorporated holds this bond underwriting contract with Town of Lynn. Its other public contracts on record include work for Wauwatosa Stem and North Carolina Department of State Treasurer | State of North Carolina.
Term as filed: 30 years.
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Contract details
- Contract type
- Bond Underwriting
- Amount
- $1,616,000
- Document date
- April 2, 2025
- Term
- 30 years
- Vendor
- Robert W. Baird & Co. Incorporated
- Agency
- Town of Lynn
- Source document
- town-of-lynn-meeting-minutes-2025-04-02_7e5.pdf (Meeting Minutes)
Robert W. Baird & Co. Incorporated's other public contracts
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Questions about this contract
Who was awarded the bond underwriting contract by Town of Lynn?
Robert W. Baird & Co. Incorporated was awarded this bond underwriting contract by Town of Lynn, as recorded on April 2, 2025. The contract value is $1,616,000.
How much is the Robert W. Baird & Co. Incorporated contract with Town of Lynn worth?
The Robert W. Baird & Co. Incorporated contract with Town of Lynn is valued at $1,616,000, covering bond underwriting work.
What type of contract is this?
This is a Bond Underwriting contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-lynn-meeting-minutes-2025-04-02_7e5.pdf (Meeting Minutes), dated April 2, 2025 from Town of Lynn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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