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FINANCIAL_SERVICESAWARDED

Grove Public Schools Minutes Special Board Meeting 2026-05-12

School Bond Issue Awarded To Grand Savings Bank

$2,795,000 (bond principal); net interest cost $183,407.90 at 3.281000%Forest Grove Public SchoolGRAND SAVINGS BANK GROVE OKMay 12, 2026

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Description

Grove Public Schools awarded its $2,795,000 General Obligation Building Bonds to Grand Savings Bank of Grove as part of the lowest overall bid package. The bonds carry a net interest cost of $183,407.90 at an average rate of 3.281000%.

Contract Details

Contract Amount

$2,795,000 (bond principal); net interest cost $183,407.90 at 3.281000%

Vendor

GRAND SAVINGS BANK GROVE OK

Agency

Forest Grove Public School, OK

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

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