LARNED — Piper Jaffray’s banking spokesmen said current interest rates have created a favorable financial climate for a proposed $18.9 million Pawnee Valley Community Hospital.Todd Van Deventer and Dustin Avey, vice presidents for Piper Jaffray, Lenexa, presented their financing plan Monday for a proposed $18.9 million bond for a new Pawnee Valley Community Hospital. Piper Jaffray’s updated proposal would offer $18.9 million of bonds over a 25-year term.Pawnee County would receive a Guaranteed Maximum Price Contract in mid-November with the bond offering expected in late November. Van Deventer said local investors would be invited and welcome to buy the bonds and would be given top priority.Piper Jaffray would be paid 0.75 percent, or $142,500 for their work.
Interest rates favorable for hospital bond