Edmond Tables Bond Refunding After Bank Analysis

Edmond's Finance / Audit Committee tabled a potential bond-refunding transaction after Bank of Oklahoma presented analysis showing only about $200,000 in current Series 2016 savings. Staff was directed to monitor markets and begin preliminary Series 2017 discussions before a possible April 2027 refunding window.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$41,795,000 bond issue under consideration; approximately $200,000 potential net present value savings

Contract type

FINANCIAL_SERVICES

Contract term

Series 2016 refunding placed on hold; preliminary Series 2017 discussions recommended for December 2026 with a potential advance-refunding window in April 2027

Renewal date

2026-12-01

Renewal

No contract renewal terms were stated; future refunding work remains under consideration.

Document type

AgendaPacket

Source document

City of Edmond AgendaPacket Finance / Audit Committee Meeting 2026-09-17

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Edmond?

Bank of Oklahoma was awarded this financial services contract by City of Edmond, as recorded on September 15, 2026. The contract value is $41,795,000 bond issue under consideration; approximately $200,000 potential net present value savings.

How much is the Bank of Oklahoma contract with City of Edmond worth?

The Bank of Oklahoma contract with City of Edmond is valued at $41,795,000 bond issue under consideration; approximately $200,000 potential net present value savings, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Edmond AgendaPacket Finance / Audit Committee Meeting 2026-09-17 (AgendaPacket), dated September 15, 2026 from City of Edmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Oklahoma hold?

Bank of Oklahoma may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bank of Oklahoma's profile

What is City of Edmond currently buying?

Explore City of Edmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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