There were four bidders on the Hennessey Public Schools’ $1.215 million in building bonds dated July 2023.

The low bid by Bank of Oklahoma was accepted by the school board at 3.5925% with a net interest of $87,297.75.

Other bidders were Country Club Bank of Kansas City (3.7490%) with net interest of $91,100.70; Community State Bank of Hennessey & United Missouri Bank of Kansas City (3.9410%) with a net interest of $95,766.30; and Baker Group of Oklahoma City (4.0325%) with a net interest of $97,989.75.

School board members accepted the bid in a special meeting at noon Monday, May 15, at the Eagle Event Center conference room.

Present were President Luke Lough, Vice President Patrick Griffin, Clerk Dr. James Matthew Matousek, and Amy Charmasson. Absent was David Tillman.

Jordan Smith with Stephen L. Smith Corp presented the bids to the board.

None of the bidders attended the meeting.

tended the meeting.

These bonds are part of the $15.48 million bond issue approved by voters in 2017 with 61.9% approval.

It called for remodeling school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites.

The principal and interest on the bonds will be paid by taxes from school district property owners.

Hennessey’s Community State Bank and United Missouri Bank of Kansas City was the low bidder in May 2022 at 3.3285% on $1.58 million in bonds.

The low bid in May 2020 on $1.75 million in bonds was 1.40% by Bank of Oklahoma.