City of New Richmond Council Work Session Agenda Packet 2026-06-22
City Awards $7.58M Note Issue To BOK
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Description
The City of New Richmond awarded the sale of its $7,580,000 General Obligation Promissory Notes, Series 2026A, to BOK Financial Securities following a competitive bid process. The notes will close on June 29, 2026, and will fund various capital projects under an Aa2 credit rating.
Contract Details
Contract Amount
$7,580,000
Vendor
BOK FINANCIAL SECURITIES
Agency
Housing Authority of the city of New Richmond, WI
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
Closing date June 29, 2026; repayment per debt schedule
Renewal Date
2026-06-29
Renewal Info
Single issuance of Series 2026A general obligation promissory notes; future refunding or new issuances would require separate Council action.
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AWARDEDIssuing Agency
Housing Authority of the city of New Richmond
Local Housing Authority
New Richmond, WI
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City of New Richmond Council Work Session Agenda Packet 2026-06-22
City of New Richmond Council Work Session Agenda Packet 2026-06-22
City of New Richmond Council Work Session Agenda Packet 2026-06-22
City of New Richmond Council Work Session Agenda Packet 2026-06-22
City of New Richmond Council Work Session Agenda Packet 2026-06-22
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