Livonia Public Schools School District Resolution 2026 Refunding Bonds Feb 2026
Bond Insurance Purchased from Assured Guaranty Inc.
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Description
Livonia Public Schools approved purchase of municipal bond insurance for the 2026 Refunding Bonds from Assured Guaranty Inc. in the amount of $127,867.72, providing credit enhancement on the bonds.
Contract Details
Contract Amount
$127,867.72
Vendor
ASSURED GUARANTY INC
Agency
Livonia Public Schools, MI
Contract Type
INSURANCE
Document Date
February 23, 2026
Contract Term
For duration of insured 2026 Refunding Bonds (to bond maturity 2045)
Renewal Date
2045-05-01
Renewal Info
Bond insurance term matches duration of insured bonds; no renewal expected after maturity.
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