FINANCIAL_SERVICESONGOING

Rockmill Facilitates Bond Refunding for District

The board discussed the refunding of $6.7 million in bonds facilitated by Rockmill, which will save taxpayers nearly $700,000 over the remaining life of the loan. This transaction restructures existing debt similar to a home refinancing.

Document date · September 8, 2020

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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
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
$6.7 million (refunded bonds; taxpayer savings almost $700,000)
Contract type
FINANCIAL_SERVICES
Renewal
Bond refunding is a one-time financial transaction; future refinancing would require separate action.
Document type
Minutes
Source document
ottawa-glandorf-board-of-education-meeting-minutes-september-8-2020_fde.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ottawa-Glandorf Local Schools?

ROCKMILL was awarded this financial services contract by Ottawa-Glandorf Local Schools, as recorded on September 8, 2020. The contract value is $6.7 million (refunded bonds; taxpayer savings almost $700,000).

How much is the ROCKMILL contract with Ottawa-Glandorf Local Schools worth?

The ROCKMILL contract with Ottawa-Glandorf Local Schools is valued at $6.7 million (refunded bonds; taxpayer savings almost $700,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in ottawa-glandorf-board-of-education-meeting-minutes-september-8-2020_fde.pdf (Minutes), dated September 8, 2020 from Ottawa-Glandorf Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ROCKMILL hold?

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