{"id":268,"date":"2023-08-04T20:31:49","date_gmt":"2023-08-04T20:31:49","guid":{"rendered":"http:\/\/lpfa-annual-2022.test\/bond-issues\/"},"modified":"2024-10-14T20:12:25","modified_gmt":"2024-10-14T20:12:25","slug":"bond-issues","status":"publish","type":"page","link":"https:\/\/lpfa-annualreport.com\/2022\/bond-issues\/","title":{"rendered":"Bond Issues"},"content":{"rendered":"\n<div class=\"wp-block-columns is-style-container is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-large-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-darkest-gray-color has-text-color has-abril-fatface-font-family\" style=\"letter-spacing:0.05rem;text-transform:uppercase\">Bond Issues that Improve the <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-gold-color\">Quality of Life in Louisiana<\/mark><\/h2>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background is-style-end-dots\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color has-medium-font-size\">In 2022, LPFA closed bond issues totaling <strong>more than $336 million<\/strong>. This brings the LPFA\u2019s total bond issues over the past 48 years to <strong>more than $28.89 billion<\/strong>.&nbsp;<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background is-style-end-dots\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-c4788e2e wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$3,200,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>Department of Health and Hospitals &#8211; Drinking Water Revolving Loan Fund Match Project<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2006 \u2013 Draw #32<br>Delivered: June 27, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale were used to finance the acquisition, construction, renovation and equipping of the facility and to pay the cost of issuance of the bonds.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$14,785,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>Lincoln Preparatory School Project<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022A<br>Series 2022B &#8211; Taxable<br>Delivered: July 7, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale to acquire, construct, renovate and equip athletics facilities of Lincoln Preparatory School, including a football field, baseball field, softball field, field house, ancillary facilities and to acquire a building to be used for pre-kindergarten and kindergarten classrooms of the school, in addition to paying the costs of issuance of the bonds.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$16,590,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>Jefferson RISE Charter School Project<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022A<br>Series 2022B &#8211; Taxable<br>Delivered: July 14, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale were used to acquire, equip existing facilities for the Jefferson Rise Charter School, a sixth through twelfth grade, tuition-free, public charter school in Harvey, LA. Bond proceeds were also used to acquire land and pay to the costs of issuance of the bonds.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$57,850,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>Hurricane Recovery Program<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022<br>Delivered: August 24, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond issuance were used to refund a portion of the Series 2014 bonds and to pay the costs of issuance. The proceeds from the original bond sale were used to fund improvements in New Orleans, Louisiana for the repair, renovation and replacement of vital public infrastructure damaged or destroyed by Hurricanes Katrina and Rita.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$29,820,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Taxable Revenue Refunding BOnds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>University of New Orleans Research and Technology Foundation, Inc. \u2013 Student Housing Project<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022<br>Delivered: September 8, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale were used to refund all or a portion of Series 2014 Bonds, funding a debt service reserve fund and to pay the costs of issuance of the bonds.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$14,350,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>GEO Academies EBR \u2013 GEO Prep Mid-City Project<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022<br>Delivered: October 6, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale were used to acquire, construct, renovate and equip a kindergarten through eighth grade, tuition-free, public charter school in Baton Rouge, LA. Bond proceeds were also used to fund a reserve fund and pay the costs of issuance of the bonds.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-gold-color has-alpha-channel-opacity has-gold-background-color has-background\"\/>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-medium-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading is-style-no-margin has-gold-color has-text-color has-abril-fatface-font-family has-large-font-size\">$200,000,000<\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color has-brandon-grotesque-font-family\" style=\"font-size:1rem;text-transform:uppercase\">LPFA Revenue Bonds<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-darkest-gray-color has-text-color has-large-font-size\" style=\"line-height:1.1\"><strong>Louisiana Children\u2019s Medical Center<\/strong><\/h3>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-gold-color has-text-color\" style=\"font-size:1rem;line-height:1.4\">Series 2022<br>Delivered: December 29, 2022<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-small-spacer\"><\/div>\n\n\n\n<p class=\"is-style-no-margin has-darkest-gray-color has-text-color\" style=\"line-height:1.5\">The proceeds from this bond sale were used to finance, acquire and obtain ownership of the following hospitals and related facilities: Tulane Medical Center, New Orleans LA, Lakeview Regional Medical Center, Covington LA, Tulane Lakeside Hospital, Metairie LA and capital expenditures throughout the LCMC system, including the foregoing hospitals and related facilities, University Medical Center New Orleans, Children\u2019s Hospital New Orleans, West Jefferson Medical Center, Marrero LA, East Jefferson General Hospital, Metairie LA, Touro Infirmary, New Orleans LA, Touro Comprehensive Breast Center, New Orleans LA, and related clinical facilities; and to pay the costs of issuance of the Bonds.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer is-style-large-spacer\"><\/div>\n\n\n<div class=\"next-prev-nav  \">\n\t\t<a href=\"https:\/\/lpfa-annualreport.com\/2022\/making-louisiana-better\/\">\n\t\tBack: A Better Place to Live, Work and Play\t<\/a>\n\t\t\t<a href=\"https:\/\/lpfa-annualreport.com\/2022\/bond-bank\/\">\n\t\tNext: The Low Interest Local Government Bond Band Program\t<\/a>\n\t<\/div><!-- .next-prev-nav -->","protected":false},"excerpt":{"rendered":"<p>Bond Issues that Improve the Quality of Life in Louisiana In 2022, LPFA closed bond issues totaling more than $336 million. This brings the LPFA\u2019s total bond issues over the past 48 years to more than $28.89 billion.&nbsp; $3,200,000 LPFA Revenue Bonds Department of Health and Hospitals &#8211; Drinking Water Revolving Loan Fund Match Project&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-268","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/pages\/268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/comments?post=268"}],"version-history":[{"count":0,"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/pages\/268\/revisions"}],"wp:attachment":[{"href":"https:\/\/lpfa-annualreport.com\/2022\/wp-json\/wp\/v2\/media?parent=268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}