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Haysville accepts Raymond James bid and approves general obligation bonds to finance Wheatland Village, Grandin Plaza infrastructure
Summary
The Haysville City Council accepted a Raymond James bid and approved ordinances and a resolution to issue general obligation bonds, reducing the financed amount and scheduling a Sept. 30, 2025 closing. Debt service will be paid from special assessment taxes in the two improvement districts.
The Haysville City Council on the evening accepted the best bid to sell the city's general obligation bond series 2025-A and approved related ordinance and resolution to issue the bonds to permanently finance infrastructure for the Wheatland Village and Grandin Plaza additions.
City financial adviser Brett Shoven of Stifel Public Finance told the council the city opened bids at 10 a.m. and received six offers. "The best bid was from Raymond James at a true interest cost, 3.872323%," Shoven said, and the bid included a $128,802.60 premium that allowed the city to reduce the estimated bond issue size.
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