FINANCIAL_SERVICESAMENDED

Board Amends Piper Sandler SAVE Bond Agreements

The Storm Lake Community School District Board approved amendments to its Financial Services and Dissemination Agent agreements with Piper Sandler for issuance of up to $21 million in SAVE bonds. Piper Sandler will be compensated at 0.6% per $1,000 of bonds, with fees ranging from $22,500 to $126,000 depending on issuance size.

Status
AMENDED
Document date
December 18, 2024
Contract type
FINANCIAL_SERVICES
Vendor
Piper Sandler
Agency
Storm Lake Community School District · IA

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Total bond issuance not to exceed $21,000,000; fee of 0.6% per $1,000 with a minimum of $22,500 and maximum of $126,000
Contract type
FINANCIAL_SERVICES
Contract term
For issuance of the EES Phase III 2025 SAVE bonds and 2026/2027 Phase III SAVE bonds, if necessary
Renewal
Amendments apply to existing Financial Services and Dissemination Agent agreements for the EES Phase III 2025 SAVE bonds and potential 2026/2027 Phase III SAVE bonds; no explicit renewal or end date stated.
Document type
Minutes
Source document
Storm Lake Community School District Board Meeting Minutes December 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Storm Lake Community School District?

Piper Sandler was awarded this financial services contract by Storm Lake Community School District, as recorded on December 18, 2024. The contract value is Total bond issuance not to exceed $21,000,000; fee of 0.6% per $1,000 with a minimum of $22,500 and maximum of $126,000.

How much is the Piper Sandler contract with Storm Lake Community School District worth?

The Piper Sandler contract with Storm Lake Community School District is valued at Total bond issuance not to exceed $21,000,000; fee of 0.6% per $1,000 with a minimum of $22,500 and maximum of $126,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Storm Lake Community School District Board Meeting Minutes December 2024 (Minutes), dated December 18, 2024 from Storm Lake Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Piper Sandler hold?

Piper Sandler may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Storm Lake Community School District currently buying?

Explore Storm Lake Community School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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