District Awards 2026A Bonds To TD Financial Products
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Description
Independent School District No. 2689 ratified the sale of its $995,000 General Obligation Facilities Maintenance Bonds, Series 2026A to TD Financial Products LLC for a purchase price of $1,082,426.16 plus accrued interest. The bonds finance roofing projects under the district’s ten-year facilities plan and mature annually from 2027 through 2036.
Contract Details
Contract Amount
$995,000 principal; purchase price $1,082,426.16 plus accrued interest
Vendor
TD FINANCIAL PRODUCTS LLC
Agency
Pipestone Area School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
Bonds dated July 7, 2026, maturing annually February 1, 2027–2036
Renewal Date
2036-02-01
Renewal Info
Fixed-term bond issuance with maturities from February 1, 2027 through February 1, 2036; not a renewable services contract.
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Independent School District No. 2689 Resolution $995,000 General Obligation Facilities Maintenance Bonds, Series 2026A 2026-06-22
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