FINANCIAL_SERVICESPENDING

District 507 Authorizes Baird for 2026B Aid Anticipation Sale

Independent School District No. 507 authorized Robert W. Baird & Co. Incorporated to underwrite or privately place up to $839,000 of General Obligation Aid Anticipation Certificates of Indebtedness, Series 2026B, for cash flow needs in fiscal year 2026–2027. The Superintendent or Business Manager may execute a purchase agreement with Baird as long as the True Interest Cost does not exceed 4.00%.

Status
PENDING
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Robert W. Baird & Company Incorporated
Agency
Nicollet Public School District · MN

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $839,000 aggregate original principal amount of Certificates
Contract type
FINANCIAL_SERVICES
Contract term
Certificates to be issued for District fiscal year July 1, 2026 to June 30, 2027; authority to enter purchase agreement expires December 31, 2026
Renewal date
2026-12-31
Renewal
One-time authorization for issuance and sale of Series 2026B Certificates; authority to enter a purchase agreement expires December 31, 2026, after which a new resolution would be required.
Document type
Resolution
Source document
Independent School District No. 507 Resolution Relating to General Obligation Aid Anticipation Certificates of Indebtedness, Series 2026B 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Nicollet Public School District?

Robert W. Baird & Company Incorporated was awarded this financial services contract by Nicollet Public School District, as recorded on August 12, 2026. The contract value is Not to exceed $839,000 aggregate original principal amount of Certificates.

How much is the Robert W. Baird & Company Incorporated contract with Nicollet Public School District worth?

The Robert W. Baird & Company Incorporated contract with Nicollet Public School District is valued at Not to exceed $839,000 aggregate original principal amount of Certificates, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Independent School District No. 507 Resolution Relating to General Obligation Aid Anticipation Certificates of Indebtedness, Series 2026B 2026-08-12 (Resolution), dated August 12, 2026 from Nicollet Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Robert W. Baird & Company Incorporated hold?

Robert W. Baird & Company Incorporated may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Nicollet Public School District currently buying?

Explore Nicollet Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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