Authority Approves Bond Purchase Contract for West District
- Disclosed value
- Not to exceed $238,000,000 principal; discount from par not to exceed 2.00%
- From resolution
- Document date
- Apr 22, 2025
The 30-second brief
The Local Building Authority of Alpine School District authorized a Bond Purchase Contract with a purchaser to buy up to $238 million of lease revenue bonds to finance a new high school and elementary school facilities. The contract will set final interest rates, maturities, and pricing within board-approved parameters.
PURCHASER holds this financial services contract with Alpine School District. Its other public contracts on record include work for Washoe County School District and NYC Housing Development Corporation (HDC).
Term as filed: Not more than 31 years from bond issuance date(s).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $238,000,000 principal; discount from par not to exceed 2.00%
- Document date
- April 22, 2025
- Term
- Not more than 31 years from bond issuance date(s)
- Vendor
- PURCHASER
- Agency
- Alpine School District
- Source document
- Local Building Authority of Alpine School District Resolution 2025-001 (Resolution)
PURCHASER's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Alpine School District?
PURCHASER was awarded this financial services contract by Alpine School District, as recorded on April 22, 2025. The contract value is Not to exceed $238,000,000 principal; discount from par not to exceed 2.00%.
How much is the PURCHASER contract with Alpine School District worth?
The PURCHASER contract with Alpine School District is valued at Not to exceed $238,000,000 principal; discount from par not to exceed 2.00%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Local Building Authority of Alpine School District Resolution 2025-001 (Resolution), dated April 22, 2025 from Alpine School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does PURCHASER hold?
PURCHASER may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Alpine School District currently buying?
Explore Alpine School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.