Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
District Engages PMA for $15.9M Bond Sale
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Description
Lockport Township HSD 205 plans to use PMA Securities Inc to conduct a competitive sale of up to $15.9 million in General Obligation School Bonds, Series 2026. The bonds will finance fire prevention, safety, energy conservation, and school security projects across the district.
Contract Details
Vendor
PMA SECURITIES INC
Agency
Lockport Twp HSD 205, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Competitive bond sale in May or June 2026
Renewal Date
2046-01-01
Renewal Info
Parameters resolution authorizes designated officials to approve the bond sale with PMA Securities Inc conducting the competitive sale; interest rate capped at 5.5% and final maturity no later than January 1, 2046.
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Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
Lockport Township HSD 205 Board of Education Meeting Agenda May 2026
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