Port approves $5.3M bond issue for St. Ursula Villa
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Description
The Board authorized Resolution 2013-11 to issue up to $5.3 million in special obligation revenue bonds for St. Ursula Villa of Cincinnati, Inc. to refinance existing debt and fund construction and renovation of educational facilities. The bonds, to be purchased solely by Commerce Bank and non-recourse to the Port, will be supported by a loan agreement, trust indenture, and related bond documents.
Contract Details
Contract Amount
Up to $2,300,000 Series 2013A and up to $3,000,000 Series 2013B (total up to $5,300,000)
Vendor
ST. URSULA VILLA OF CINCINNATI INC
Agency
Port Of Greater Cincinnati Development Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
April 17, 2026
Issuing Agency
Special District
Cincinnati, OH
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