Grove Public Schools Minutes Special Board Meeting 2026-05-12
Bond Financing Partnership Includes Bank Of Grand Lake
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Description
Grove Public Schools selected Bank of Grand Lake in Grove, working with Grand Savings Bank and BOK Financial Securities, for its $2,795,000 General Obligation Building Bonds. The package features a net interest cost of $183,407.90 at an average 3.281000% rate.
Contract Details
Contract Amount
$2,795,000 (bond principal); net interest cost $183,407.90 at 3.281000%
Vendor
BANK OF GRAND LAKE GROVE OK
Agency
Forest Grove Public School, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
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