FINANCIAL_SERVICESAWARDED

City of Wayzata Awards Financial Services Contract to Robert W Baird & Co Incorporated (February 2026)

The City awarded Robert W. Baird & Co. the sale for $1,375,000 in equipment certificates to finance a new fire ladder truck, with a purchase price of $1,547,483.46 and repayment through 2037.

Document date · February 10, 2026

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,375,000 principal; purchase price $1,547,483.46; true interest cost 2.74%
Contract type
FINANCIAL_SERVICES
Contract term
Certificates dated 03/03/2026; final maturity 02/01/2037
Renewal date
2037-02-01
Renewal
Certificates mature 2037; standard nonrenewable bond terms; no renewal or extension—new financing would be a separate action.
Document type
Agenda
Source document
City of Wayzata Council Meeting Agenda February 10 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Wayzata?

Robert W Baird & Co Incorporated was awarded this financial services contract by City of Wayzata, as recorded on February 10, 2026. The contract value is $1,375,000 principal; purchase price $1,547,483.46; true interest cost 2.74%.

How much is the Robert W Baird & Co Incorporated contract with City of Wayzata worth?

The Robert W Baird & Co Incorporated contract with City of Wayzata is valued at $1,375,000 principal; purchase price $1,547,483.46; true interest cost 2.74%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Wayzata Council Meeting Agenda February 10 2026 (Agenda), dated February 10, 2026 from City of Wayzata. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Robert W Baird & Co Incorporated hold?

Robert W Baird & Co Incorporated may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Robert W Baird & Co Incorporated's profile

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