CONTRACTRATIFIED

School District Ratifies $14.3 Million Bond Sale

Blue Earth Area Public Schools logoBlue Earth Area Public Schools
Disclosed value
$14,819,466.40 purchase price, consisting of $14,315,000 par amount plus $683,403.90 original issue premium less $178,937.50 underwriter’s discount, plus accrued interest, if any
From resolution
Document date
Nov 9, 2026
Renews
Free account

The 30-second brief

What it covers

Independent School District No. 2860 ratified the sale of $14.315 million in General Obligation School Building Bonds, Series 2026A, to Robert W. Baird & Co., Inc. The underwriter will purchase the bonds for $14,819,466.40, with maturities extending through February 1, 2047, to finance school facilities projects.

Who holds it

Robert W. Baird & Company Inc holds this financial services contract with Blue Earth Area Public Schools. Its other public contracts on record include work for Town of Mooresville and Anderson Valley Unified.

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Contract details

Contract type
Financial Services
Amount
$14,819,466.40 purchase price, consisting of $14,315,000 par amount plus $683,403.90 original issue premium less $178,937.50 underwriter’s discount, plus accrued interest, if any
Document date
November 9, 2026
Term
Bond Purchase Agreement dated November 3, 2026; bonds originally dated November 23, 2026, with maturities through February 1, 2047
Renews
On record
Vendor
Robert W. Baird & Company Inc
Source document
Independent School District No. 2860 (Blue Earth Area Schools) Resolution Ratifying Issuance and Sale of General Obligation School Building Bonds 2026-11-09 (Resolution)

Robert W. Baird & Company Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Blue Earth Area Public Schools?

Robert W. Baird & Company Inc was awarded this financial services contract by Blue Earth Area Public Schools, as recorded on November 9, 2026. The contract value is $14,819,466.40 purchase price, consisting of $14,315,000 par amount plus $683,403.90 original issue premium less $178,937.50 underwriter’s discount, plus accrued interest, if any.

How much is the Robert W. Baird & Company Inc contract with Blue Earth Area Public Schools worth?

The Robert W. Baird & Company Inc contract with Blue Earth Area Public Schools is valued at $14,819,466.40 purchase price, consisting of $14,315,000 par amount plus $683,403.90 original issue premium less $178,937.50 underwriter’s discount, plus accrued interest, if any, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Independent School District No. 2860 (Blue Earth Area Schools) Resolution Ratifying Issuance and Sale of General Obligation School Building Bonds 2026-11-09 (Resolution), dated November 9, 2026 from Blue Earth Area Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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