Bond Financing

LISD Capital Improvement Program
$311 Million 

Phase I and II
$175 Million ($144 million original bond election in 1999, $16 Million in QZAB # 1 and # 2 and $ 15 Million in interest) 

Note (a): Phase I was $144 Million Needs Assessment by the Vitteta Consultants. They identified 4 schools for replacements, renovations and improvements to the schools to add gyms, muti purpose rooms, music rooms, secondary classrooms, kinder classrooms, science demo rooms, library expansion and renovations, expansions of cafeteria into libraries, electrical, plumbing and ADA improvements, and program renovations, additions, and efficiency upgrades.

Note (b): Phase II - An evaluation of the program was made to add more replacement schools and change the scope of the projects as presented to the Board on June 2000. The additional cost of the new scope required two QZABs of $16M and $15M in interest over the life of the bonds.

1. Power Point Presentation
2. Capital Projects – Amendments - Projects to Date
3. Status of Projects – Hard Hat
4. IFA#2 Report - Fund # 697 - $72 M
5. IFA#1 Report - Fund # 699 - $72M
6. QZAB#1 Report - Fund # 625 - $8M
7. QZAB#2 Report - Fund # 626 - $8M
8. Change Order Report

Phase III
($68 Million PFC Fund and $ 8 Million in QZAB # 3)

Note (c): Phase III - This program was developed due to the change in scope to the projects under Phase II to add more replacement schools, gyms, more renovations identified, etc. (i.e. New Cigarroa field house, New Nixon Administration Building, New MHS Wellness, New Farias, Early Childhood classes, New Farias Gym, New Tarver Gym, New Heights Elem (originally proposed to consolidate with Daiches Elem.), New Memorial Middle Replacement, Land acquisition costs, etc)

1. Power Point Presentation
2. Capital Projects – Amendments – Project to Date
3. PFC Report - Fund # 627 - $68M
4. Change Order Report
5. QZAB#3 Report - Fund # 630 - $8M

Phase IV
$ 60 Million Bond (2005, Bond Election)

Note (d) Phase IV - This program was developed to provide funding for new projects that have been identified.

1. Power Point Presentation
2. Status of Projects – By Projects
3. IFA # 3 Report - Fund # 695 - $60M
4. Change Order Report

Phase V
(2006 Bond Election $57 Million)

Note (e) Phase V - This program has been developed to provide funding for new projects that were identified and change in scope in old projects (i.e. new replacement school at JC Martin and DD Hachar instead of renovations.

 

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Continuing Disclosure 15c2-12

2005  2004  2003  2002


 

$8,000,000
Laredo Independent School District
Qualified Zone Academy Limited Maintenance Tax Notes, Series 2000

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LISD Pricing Book $12MM

 

$12,000,000 Maintenance Tax Notes,
Series 2006

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Bond Rating Presentation
2004

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Bond Rating Presentation
2001

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Bond Rating Presentation
1999

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Click Here To View Official Statement

2001 Official Statement for $98,599,909.90
Unlimilited Tax School Building & Refunding

Bonds, Series 2001

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