The Adel-DeSoto-Minburn School Board met for a special meeting on Monday.
The meeting started with Piper Sandler’s Public Finance Banker Travis Squires addressing the board with a bond of $14,985,498.65 from Fidelity Capital Markets of Boston, Massachusetts to be put in the general obligation school refunding account. He mentioned that there were 11 bids received in total. The board approved the bond as well as a resolution to direct the sale of $14,555,000 as presented.
The only other items on the agenda that were approved included a design and development on the new ADM High School from West Des Moines Company FRK Architects and Engineers, and a purchase of one school bus in the amount of $159,787.00. The meeting was about 50 minutes in length.