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Board renews engagement letter with Baird to serve as potential bond underwriter
Summary
The board approved a renewal of the city's engagement letter with Baird and Company to serve as underwriter for potential future general obligation or utility revenue bonds; staff described it as a continuation of prior service.
The Board of Public Works and Safety on June 12 approved renewing an engagement letter with Baird and Company to serve as underwriter for potential future municipal bond issues, including general-obligation bonds and waterworks or sewage works revenue bonds.
City staff described the item as a renewal of a standing engagement with Baird. "The Baird agreement is, for Baird, again, to serve as the underwriter,…
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