Grain Valley R-5 School District Agenda Open School Board Meeting 2025-09-18
District Considers 2025 Lease Certificates With L.J. Hart
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Description
The Grain Valley R-5 Board of Education will consider a resolution engaging L.J. Hart & Company for the sale of Series 2025 Lease Certificates of Participation, including a fifteen-year Series 2025A lease schedule with delayed principal payments. The action will structure long-term financing for district capital needs, with details to be finalized at the September 18, 2025 meeting.
Contract Details
Vendor
L.J. HART & COMPANY
Agency
Grain Valley R-V School District, MO
Contract Type
FINANCIAL_SERVICES
Document Date
September 18, 2025
Contract Term
Series 2025 Lease Certificates of Participation, Lease Schedule - Series 2025A (Fifteen-Year Maturity/Delayed Principal Payments)
Renewal Info
New Series 2025 lease financing with a fifteen-year maturity structure; no renewal terms stated in the agenda.
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