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Issuer Type: County/City/Town
On behalf of the City and its residents, I want to thank you for your interest in Lawrence and its bond program. The capital program is critical to enhancing the economic development and quality of life in Lawrence. Bonds are used to rebuild roads, bridges, libraries, recreation facilities and more.
We are very proud of our current bond ratings and are committed to doing anything we can to maintain their current levels. We are also committed to being a disclosure leader in the municipal bond market, and this dedicated investor website speaks to our level of commitment to investor transparency. We hope you find this website as a helpful tool to you as you seek to better understand the City's credit fundamentals. Please don't hesitate to reach out to me directly with suggestions for how we can do things better.
Thanks again for visiting our investor website!
Jeremy Willmoth, Director of Finance
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