FINANCIAL_SERVICESAPPROVED

Tuscola CUSD 301 Awards $15,000,000 Financial Services Contract to Purchaser Thereof (January 2022)

Tuscola CUSD 301 Board approved a resolution to issue and sell $15,000,000 in Taxable General Obligation School Bonds Series 2022A and General Obligation School Bonds Series 2022B to a designated purchaser. The 19-year bonds, callable after seven years at 2.9784% interest, will finance payment of a debt certificate and are supported by a dedicated tax levy and transfers from the district’s sales tax revenues. The resolution also acknowledges IRS requirements to expend approximately $9 million within three years.

Document date · January 27, 2022

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$15,000,000
Contract type
FINANCIAL_SERVICES
Contract term
19 year issue, callable after 7 years
Renewal date
2041-12-31
Renewal
Single bond issuance with 19-year term; callable after 7 years, no renewals described.
Document type
Minutes
Source document
tuscola_cusd_301_board_of_education_meeting_minute.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 Tuscola CUSD 301?

Purchaser Thereof was awarded this financial services contract by Tuscola CUSD 301, as recorded on January 27, 2022. The contract value is $15,000,000.

How much is the Purchaser Thereof contract with Tuscola CUSD 301 worth?

The Purchaser Thereof contract with Tuscola CUSD 301 is valued at $15,000,000, 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 tuscola_cusd_301_board_of_education_meeting_minute.pdf (Minutes), dated January 27, 2022 from Tuscola CUSD 301. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Purchaser Thereof hold?

Purchaser Thereof 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 Tuscola CUSD 301 currently buying?

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