Local Building Authority of Alpine School District Resolution 2025-001
Authority Approves Bond Purchase Contract for West District
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Description
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.
Contract Details
Contract Amount
Not to exceed $238,000,000 principal; discount from par not to exceed 2.00%
Vendor
PURCHASER
Agency
Alpine School District, UT
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2025
Contract Term
Not more than 31 years from bond issuance date(s)
Renewal Info
One-time bond purchase; no renewals are anticipated since the contract governs initial sale and delivery of the bonds.
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AWARDEDMore from Alpine School District
Alpine School District AgendaPacket Board Meeting Documents 2026-05-19
Alpine School District AgendaPacket Board Meeting Documents 2026-05-19
Alpine School District Board Meeting Documents May 2026
Alpine School District Board Meeting Documents May 2026
Alpine School District Board Meeting Documents May 2026
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