Caney Creek Municipal Utility District Board Meeting Minutes March 2026
District Confirms Bond Sale Award to Baird
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Description
Caney Creek Municipal Utility District confirmed the award of a $1,510,000 bond sale to Robert W. Baird at a net effective interest rate of 4.135677%. The issue will generate $1,267,000 in net proceeds with a Debt Service Reserve Fund of $141,124, with closing set for April 9, 2026.
Contract Details
Contract Amount
$1,510,000 principal; net proceeds $1,267,000; Debt Service Reserve Fund $141,124
Vendor
ROBERT W. BAIRD
Agency
Caney Creek Mud Of Matagorda County, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
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