After RFQ, Camdenton board approves two‑year bond underwriting engagement
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Summary
Following an RFQ and interviews, board approved a two‑year engagement for bond underwriting services described in the meeting as 'Steve Hall Public Finance.' The finance committee discussed Stifel and Piper Sandler during its review but the approved engagement names Steve Hall Public Finance.
The Camdenton R-III School Board voted Jan. 12 to accept a two‑year bond underwriting engagement described in the meeting as 'Steve Hall Public Finance.' The vote followed a finance‑committee RFQ and interviews with three firms meant to refresh underwriting services every three to five years.
Finance committee members said all three firms interviewed could perform the work, and they discussed institutional knowledge Stifel had about the district’s past bond series. Committee presenters said they considered relationships, turnover and the firms’ familiarity with the district’s debt‑service needs. During discussion the committee described Stifel as having deep knowledge of prior bond series and noted staff who moved to Piper Sandler had prior experience with the district.
The board then moved to accept the engagement as presented (motion language recorded in the minutes). The approved engagement was described as a two‑year agreement with annual renewal options, allowing the district to reassess performance and extend as needed. Board members emphasized keeping legal counsel involved in engagement terms and noted staff will finalize the engagement details and return with contract terms for review.