Okarche Public Schools Special Board Meeting Minutes April 2026
School bond sale awarded to First Bank of Okarche
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Description
Okarche Public Schools awarded the purchase of its $1,575,000 General Obligation Building Bonds to First Bank of Okarche with BOK Financial Securities at a 4.163000% interest rate and a net interest cost of $131,134.50. The board approved the selection following receipt and evaluation of bids.
Contract Details
Contract Amount
$1,575,000 (bond principal); net interest cost $131,134.50 at 4.163000%
Vendor
FIRST BANK OF OKARCHE
Agency
Okarche Public Schools, OK
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
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