The Enid News and Eagle, Enid, OK

Local and State News

May 17, 2013

Central National Bank and Trust wins bid for EPS building bonds

ENID, Okla. — Central National Bank and Trust won the bid for the sale of Enid Public Schools general obligation building bonds in a quick noon meeting Thursday.

EPS Board of Education members heard bids from four companies on $5.8 million in bonds. The lowest bidder was the local bank, coming in at $81,970 in interest cost and an average rate of .7 percent.

Other bidders were UMB Bank, Kansas City, Mo., at $83,850; Country Club Bank, Prairie Village, Kan., at $86,654; and Oppenheimer & Co, Chicago, at $109,195.

Ron Fisher, president of Stephen H. McDonald and Associates, opened and reviewed the bids for the board.

Board member Cheryl Peterson was absent from the meeting, but the board members present unanimously approved a resolution designating the bonds as “qualified tax-exempt obligations.”

The board voted to hire Adam Beauchamp, currently vice principal at Enid High School, as Waller Middle School principal for the 2013-2014 school year.

“As you know, the principal, Mr. Carpenter, resigned to work for Oklahoma City Public Schools,” Superintendent Shawn Hime told board members.

Seven candidates were interviewed, Hime said. Four were external applicants and three were internal.

“We had some excellent applicants, both internally and externally, but he is the best candidate,” Hime said of Beauchamp.

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