District to Sell $5.06M BANs to BNYMellon

Narragansett School District plans to sell $5.06 million in 4.00% General Obligation Bond Anticipation Notes to BNYMellon Capital Markets, LLC, including a $49,994.32 premium, to finance the high and middle school roof projects. The notes will be dated April 9, 2026 and mature April 9, 2027, with related disclosure and tax compliance actions authorized.

Scope & details

The full contract record, as filed.

Contract amount

$5,060,000 4.00 percent General Obligation Bond Anticipation Notes plus a premium of $49,994.32

Contract type

FINANCIAL_SERVICES

Contract term

Notes dated April 9, 2026 and payable April 9, 2027

Renewal date

2027-04-09

Renewal

Single one-year bond anticipation note issuance; no renewals described, though future bonds or notes may be issued to permanently finance the project costs.

Document type

Agenda

Source document

Narragansett School District School Committee Meeting Agenda April 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Narragansett School District?

Bnymellon Capital Markets Llc was awarded this financial services contract by Narragansett School District, as recorded on April 2, 2026. The contract value is $5,060,000 4.00 percent General Obligation Bond Anticipation Notes plus a premium of $49,994.32.

How much is the Bnymellon Capital Markets Llc contract with Narragansett School District worth?

The Bnymellon Capital Markets Llc contract with Narragansett School District is valued at $5,060,000 4.00 percent General Obligation Bond Anticipation Notes plus a premium of $49,994.32, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Narragansett School District School Committee Meeting Agenda April 2026 (Agenda), dated April 2, 2026 from Narragansett School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bnymellon Capital Markets Llc hold?

Bnymellon Capital Markets Llc 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 Narragansett School District currently buying?

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

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