lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
School Board seeks VPSA purchase of $16.25M bonds
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Description
The Lancaster County School Board approved a resolution to apply to the Virginia Public School Authority's 2025 Fall Pooled Bond Sale for up to $16.25 million in school bonds. The financing will provide about $15 million in net proceeds to finish construction of the new middle/high school.
Contract Details
Contract Amount
Not to exceed $16,250,000 (up to $15,000,000 in net proceeds plus issuance costs)
Vendor
VIRGINIA PUBLIC SCHOOL AUTHORITY
Agency
Lancaster County Public Schools, VA
Contract Type
FINANCIAL_SERVICES
Document Date
August 1, 2025
Contract Term
2025 Fall Pooled Bond Sale
Renewal Info
Single pooled bond issuance through VPSA's 2025 Fall sale; no recurring renewal terms described in the resolution.
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lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
lancaster-county-school-board-resolution-august-1-2025_9fe.pdf
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