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FINANCIAL_SERVICESAWARDED

Independent School District No. 2689 Resolution $995,000 General Obligation Facilities Maintenance Bonds, Series 2026A 2026-06-22

District Awards 2026A Bonds To TD Financial Products

$995,000 principal; purchase price $1,082,426.16 plus accrued interestPipestone Area School DistrictTD FINANCIAL PRODUCTS LLCJune 22, 2026

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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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