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Council awards $19.745M general-obligation bond sale at lower-than-expected rates
Bettendorf City Council · February 17, 2026
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Summary
City sold general-obligation bonds with strong market interest (nine bidders) and awarded the series to Piper Sandler at an effective true interest rate near 3.287%, producing multi-year debt-service savings; the council approved the resolution unanimously.
The Bettendorf City Council unanimously approved a resolution directing sale of a general-obligation bond series with three purposes — the CIP (streets and sidewalks), urban renewal projects, and police-station equipment — and awarded the bonds to Piper Sandler. Baker…
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