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Piedmont Public Schools board accepts Piper Sandler low bid for $13,245,000 taxable building bonds
Summary
At a special noon meeting the Piedmont Public Schools Board unanimously accepted Piper Sandler's low bid for $13,245,000 in taxable combined-purpose building bonds and authorized staff to complete legal reviews and registrations so proceeds can be transferred in June.
The Piedmont Public Schools Board of Education voted unanimously at a special noon meeting to accept a low bid from Piper Sandler for $13,245,000 in taxable combined-purpose building bonds dated June 1, 2026, and to authorize the issuance and registration of the bonds with state and federal agencies.
Jordan, a presenter for the district, told the board the district received five bids and that Piper Sandler of Chicago submitted the lowest average interest rate at 4.186 percent. Jordan said the other…
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