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Dallas Center‑Grimes board approves up to $44 million bond sale; Robert Baird named winning bidder
Summary
At a special meeting the Dallas Center‑Grimes Community School District board accepted sealed bids for up to $44 million in general obligation school bonds and adopted a resolution directing the sale; Piper Sandler advised that Robert Baird submitted the winning bid at a 4.13% net effective rate.
The Dallas Center‑Grimes Community School District board unanimously approved accepting sealed bids for up to $44,000,000 in general obligation school bonds and passed a resolution directing the sale after a presentation by Piper Sandler.
Tim Oswald of Piper Sandler reviewed the 10 a.m. bond sale, reporting six bids and identifying Robert Baird as the winning bidder with a net effective interest rate of 4.13%. Oswald explained that each maturity carries its own…
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