Cambridge-Isanti Public School District Awards Financial Services Contract to Country Club Bank (October 2021)
Cambridge-Isanti Public School DistrictSchool · Cambridge, MN- Disclosed value
- $1,720,000 (par amount of refunding certificates); Underwriter’s Discount $10,057.66; Adjusted Price $1,718,218.74
- From report
- Awarded
- Oct 7, 2021
- Renews
- Free account
The 30-second brief
Independent School District No. 911 awarded Country Club Bank the underwriting for its $1,720,000 Refunding Certificates of Participation, Series 2021A, dated November 4, 2021. The transaction refinances a portion of the district’s 2014B taxable certificates and is expected to produce over $200,000 in future savings at a true interest cost of about 1.17%.
Country Club Bank holds this financial services contract with Cambridge-Isanti Public School District. Its other public contracts on record include work for City of Grandview and City of Lansing.
The renewal date is on record. A free account shows it, with the renewals for every Cambridge-Isanti Public School District contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,720,000 (par amount of refunding certificates); Underwriter’s Discount $10,057.66; Adjusted Price $1,718,218.74
- Document date
- October 7, 2021
- Term
- Dated November 4, 2021; maturities February 1, 2023–February 1, 2030
- Renews
- Free account
- Vendor
- Country Club Bank
- Source document
- sale_day_report_for_independent_school_district_no.pdf (Report)
Country Club Bank's other public contracts
More Cambridge-Isanti Public School District contracts
Questions about this contract
Who was awarded the financial services contract by Cambridge-Isanti Public School District?
Country Club Bank was awarded this financial services contract by Cambridge-Isanti Public School District, as recorded on October 7, 2021. The contract value is $1,720,000 (par amount of refunding certificates); Underwriter’s Discount $10,057.66; Adjusted Price $1,718,218.74.
How much is the Country Club Bank contract with Cambridge-Isanti Public School District worth?
The Country Club Bank contract with Cambridge-Isanti Public School District is valued at $1,720,000 (par amount of refunding certificates); Underwriter’s Discount $10,057.66; Adjusted Price $1,718,218.74, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in sale_day_report_for_independent_school_district_no.pdf (Report), dated October 7, 2021 from Cambridge-Isanti Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Country Club Bank hold?
Country Club Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Cambridge-Isanti Public School District currently buying?
Explore Cambridge-Isanti Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.