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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
Email: bondservice@bakertilly.com
On February 6, the Lawrence Journal World published a story on the green bond issuance.
On April 11, the Lawrence Journal World published a story on the Neighborly minibond issuance.
On April 11, the Preliminary Official Statement (POS) was posted to the investor relations website.
On April 6, the City issued a new release outlining the minibond issuance.
