Created : February 03, 2013 at 04:11 PM
March 20, 2012
Status:
Adopt Resolution No. 12-66 - Certificates of Participation, Series 2012A.
Adopt Resolution No. 12-66, which authorizes the refinancing of all or a portion of Certificates of Participation, Series 2001A, 2001B, 2003A and 2004C; authorizing the execution of Certificate Purchase Contract; approving the negotiated sale of COP, Series 2012A, in an aggregate principal amount not to exceed $300,000,000 and approving the form of the documents in the exhibits section below.
The resolution and all exhibits are available online via The Broward County Public Schools eAgenda at: http://eagenda3.broward.k12.fl.us/cgi-bin/WebObjects/eAgenda
The district will realize approximately $12 million in present value savings over the next sixteen (16) years. Actual savings may be higher or lower depending upon the market at the time of pricing.
Requested Action
Adopt Resolution No. 12-66 - Certificates of Participation, Series 2012A.
Summary
Adopt Resolution No. 12-66, which authorizes the refinancing of all or a portion of Certificates of Participation, Series 2001A, 2001B, 2003A and 2004C; authorizing the execution of Certificate Purchase Contract; approving the negotiated sale of COP, Series 2012A in an aggregate principal amount not to exceed $300,000,000 and approving the form of the documents in the exhibits section below.
The resolution and all exhibits are available online via The Broward County Public Schools eAgenda at: http://eagenda3.broward.k12.fl.us/cgi-bin/WebObjects/eAgenda
School Board Goals
| Goal One: Student Achievement (2008-2011) | ||
| Goal Four: Innovation (2008-2011) |
Financial Impact
The district will realize approximately $12 million in present value savings over the next sixteen (16) years. Actual savings may be higher or lower depending upon the market at the time of pricing.
Source of Additional Information
Henry Robinson 754-321-0581
Associated File Attachments
