Lafayette School District General
Obligation Bonds Election of 2016,
Series B (2018)

Lafayette School District

Invest in Lafayette School District while earning tax-exempt income! Help support the public school system in Lafayette by financing the acquisition and construction of educational facilities for the District. Please review the offering documents under "Documents" tab for full details.


Issuance characteristics
  • Not callable
  • Federally tax exempt
  • General Obligation
  • Competitive sale

About this bond issuance

  • Purpose

    The Bonds are being issued to finance the acquisition and construction of educational facilities and projects authorized by the District from the 2016 Authorization.

  • Obligor

    Lafayette School District

  • Issuer

    Lafayette School District

  • Authority

    The Bonds are being issued by the District pursuant to the provisions of Article 4.5 of Chapter 3 of Part 1 of Division 2 of Title 5 (commencing with section 53506) of the California Government Code and a resolution adopted by the Governing Board of the District (the "Governing Board") on April 18, 2018 (the "Resolution").

  • Security

    The Bonds constitute general obligations of the District payable solely from ad valorem property taxes levied and collected by the County.  The Board of Supervisors of the County is empowered and is obligated to levy ad valorem taxes for the payment of the Bonds, and the interest thereon, upon all property in the District subject to taxation by the District without limitation of rate or amount (except certain personal property which is taxable at limited rates).

Ratings

Ratings

AA

S&P

Aa1

Moody's

Fitch

Financing team

Neighborly Securities
Neighborly is a co-manager on this issuance.
Municipal Advisors
Bond Counsel
Paying Agent