The Baker Group of Oklahoma City and 1st National Bank of Okeene were the best and lowest bidders at a 5.15% interest rate on the Hennessey Public School’s $1.215 million in taxable building bonds.

The interest is due May 1, 2026.

The bid opening was noon Tuesday, March 12, in a special meeting of the Hennessey Board of Education in the conference room at the Eagle Event Center.

The seven other bids/ bidders were: – 5.20%, Robert W. Baird & Co., Milwaukee, Wisc.

– 5.20%, First Bankers’ Banc Securities Inc., St. Louis, Mo.– 5.30%, UMB Bank, Kansas City, Mo. and Community State Bank of Hennessey.– 5.37%, Country Club Bank, Leawood, Kan.– 5.50%, Oppenheimer & Co. Inc., Philadelphia, Pa.– 5.875%, The Exchange Bank, Skiatook.– 6.00%, BOK Financial Securities Inc., Oklahoma City.The bid opening was conducted by Jordan Smith with Stephen L. Smith Corp. of Jenks.

The only bidders attending the opening were Carl Storm and Tim Riddle with Hennessey’s Community State Bank.

School board members present were President Luke Lough, Vice President Patrick Griffin and members Dakota Semrad and Amy Charmasson. All four voted in favor of accepting the best and low bid.

Board Clerk Dr. James M. Matousek was absent and board members voted 3-1 to appoint Griffin as clerk to execute all documents pertaining to the bond sale.

Griffin cast the no vote. Staff at the special meeting were Superintendent Jason Sternberger and Offi ce Manager and Minutes Clerk Timberly Jech.