City of Hull Regular City Council Meeting Agenda Packet April 2026
Bond Underwriting for GO Notes Awarded to Baird
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Description
The Hull City Council awarded the underwriting of its $3,795,000 General Obligation Urban Renewal Capital Loan Notes, Series 2026 to Robert W. Baird on March 23, 2026. The selected bid resulted in a refined payment structure and a final interest rate of 3.82%.
Contract Details
Contract Amount
$3,795,000 (bond principal; final rate 3.82%)
Vendor
ROBERT W. BAIRD
Agency
City of Hull, IA
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Bond issue Series 2026 with maturities from 2028 through 2040
Renewal Date
2040-06-01
Renewal Info
Standard bond underwriting engagement tied to this specific Series 2026 issuance; no renewals indicated.
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