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INSURANCEAPPROVED

City of Merrill Common Council Meeting Minutes May 12 2026

Assured Guaranty Insures Merrill 2026A Bond Issue

$32,697.50 (bond insurance premium paid by underwriter)City of MerrillASSURED GUARANTY INCMay 12, 2026

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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

Description

Assured Guaranty Inc. is providing bond insurance on Merrill’s $5,470,000 General Obligation Promissory Notes, Series 2026A, enhancing the bonds to an insured S&P AA rating through maturity in 2041. The $32,697.50 premium was paid by the underwriter, BAIRD.

Contract Details

Contract Amount

$32,697.50 (bond insurance premium paid by underwriter)

Vendor

ASSURED GUARANTY INC

Agency

City of Merrill, WI

Contract Type

INSURANCE

Document Date

May 12, 2026

Contract Term

Covers life of $5,470,000 Series 2026A notes, maturing November 1, 2041

Renewal Date

2041-11-01

Renewal Info

Bond insurance policy remains in effect for the full term of the insured 2026A notes and does not renew; coverage ends as the notes are paid off or redeemed.

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