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Record bidding results in favorable financing for city remodel project - Eden Prairie Local News

Summary by Eden Prairie Local News
Eden Prairie experienced “aggressive bidding” on its sale of capital-improvement bonds to finance city hall remodeling, awarding the sale Tuesday to Minneapolis-based Piper Sandler & Co., one of 15 bidders. The bids were numerous and close, which Bruce Kimmel, senior municipal advisor for Ehlers, the city’s financial advisor on the bond sale, called a “feel-good story.” “I don’t think I’ve ever seen a combination of so many bids and such aggress…
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Eden Prairie Local NewsEden Prairie Local News

Record bidding results in favorable financing for city remodel project - Eden Prairie Local News

Eden Prairie experienced “aggressive bidding” on its sale of capital-improvement bonds to finance city hall remodeling, awarding the sale Tuesday to Minneapolis-based Piper Sandler & Co., one of 15 bidders. The bids were numerous and close, which Bruce Kimmel, senior municipal advisor for Ehlers, the city’s financial advisor on the bond sale, called a “feel-good story.” “I don’t think I’ve ever seen a combination of so many bids and such aggress…

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Eden Prairie Local News broke the news in on Thursday, February 20, 2025.
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