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West Bend board discusses referendum financing, considers RFPs for municipal advisor and underwriter
Summary
Board members discussed roles for municipal advisor and underwriter related to a potential referendum debt sale. Baird expressed interest in underwriting but cannot serve as municipal advisor; the district will explore issuing RFPs and invite proposals before selecting partners.
At the Dec. 16 meeting of the West Bend Joint School District No. 1 Board of Education, trustees discussed next steps for financing a planned referendum, focusing on whether to retain Baird as underwriter and how to select a municipal advisor to evaluate underwriting proposals.
Superintendent Wimmer outlined two distinct roles the board must fill: an underwriter to help execute a bond sale and a municipal advisor to…
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