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Learn about Lawrence, Kansas Bond Investors, including Featured News, Key Projects, and The Team.
Lawrence is the sixth largest city in the state of Kansas and the county seat of Douglas County, Kansas. It is located in northeastern Kansas next to Interstate 70, along the banks of the Kansas and Wakarusa Rivers. As of the 2010 census, the city's population was 87,643. Lawrence is a college town and is the home to the University of Kansas and Haskell Indian Nations University.
Lawrence was founded by the New England Emigrant Aid Company and was named for Amos Adams Lawrence who offered financial aid and support for the settlement. Lawrence was central to the Bleeding Kansas era and was the site of the Wakarusa War, the sacking of Lawrence, and the Lawrence Massacre.
Lawrence had its beginnings as a center of Kansas politics. However, its economy soon diversified into many industries including agriculture, manufacturing, and ultimately education, beginning with the founding of the University of Kansas in 1866, and later Haskell Indian Nations University in 1884.
For Immediate Release: March 17, 2021
LAWRENCE, KS— The City of Lawrence, Kansas announced today the details of its upcoming bond and note sales. Subject to market conditions, the City of Lawrence plans to sell roughly $29 million of General Obligation Improvement Bonds, Series 2021-A and roughly $22 million of General Obligation Temporary Notes, Series 2021-I, both by competitive sale, on Tuesday, April 6, 2021. The Municipal Advisor is Baker Tilly.
“These sales will provide short term as well as long term financing for important enhancements throughout the City. We look forward to successful sales and are confident the City’s high bond rating and low debt position will make these offerings very attractive to investors,” said Jeremy Willmoth, the City’s Director of Finance.
A Preliminary Official Statement has been released and is available at www.lawrenceksbonds.com. The City’s current bonds were rated “Aa1” by Moody’s.
For more information contact:
Baker Tilly Municipal Advisors, LLC
380 Jackson Street, Suite 300
Saint Paul, Minnesota 55101
Attn: Bond Services
Phone No.: (651) 226-3000
Fax No.: (651) 223-3046
2018 debt-financed projects of an estimated $16,000,000 will be:
General Obligation Bond, Series 2017-B (Green Bonds)
The City of Lawrence is issuing the first green bonds in the State of Kansas! There are approximately 30 projects being funded through green bonds that impact more than 40 City facilities.
The City of Lawrence hired a consulting firm to help find and implement energy efficient building improvements throughout the City. A full list of projects can be found in the City's Investment Grade Audit Report.
The Series 2017-B bonds are scheduled to be sold on Tuesday, May 2, 2017
General Obligation Bond, Series 2017-C (Minibonds)
The City is issuing minibonds for the first time! These bonds are being used to finance a fire truck. The City is working with Neighborly to market and sell these bonds to local residents.
Neighborly is the underwriter and is not affiliated with the City of Lawrence in any way, other than as the broker-dealer for this sale of minibonds. Additional information on the issue can be found here: Neighborly Lawrence, Kansas site
Neighborly also has a support center that can help answer questions regarding minibonds and how to set up an account to invest directly in Lawrence.