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Maplewood’s municipal advisor outlines bond timetable; competitive sale targeted for Sept. 10
Summary
UMB Public Finance, represented by Reagan Holiday, presented a preliminary timeline for a competitive general‑obligation bond sale: rating work in August, competitive notice of sale and a planned bond sale on Sept. 10, with transaction closing around Sept. 25 and bond documents to be reviewed by bond counsel and the state auditor.
Reagan Holiday of UMB Public Finance introduced himself as the city's municipal advisor for a forthcoming general‑obligation bond issuance and walked council through a preliminary timeline. He said bond counsel has provided a first draft of documents and that the rating process will be initiated, with an August target for the rating call. “By then, we…
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