City of Derby Agenda Packet 2026-05-27
Robert W. Baird Buys City’s 2026-A GO Bonds
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Description
Derby entered into a $20,950,000 General Obligation Bonds Series 2026-A purchase agreement with Robert W. Baird at a 4.12% true interest cost. The bond proceeds will finance the new water treatment facility and Woodlawn reconstruction project.
Contract Details
Contract Amount
$20,950,000
Vendor
ROBERT W. BAIRD
Agency
City of Derby, KS
Contract Type
FINANCIAL_SERVICES
Document Date
May 23, 2026
Renewal Info
One-time bond underwriting and purchase for Series 2026-A; future refunding or additional issuance would require separate Council action.
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