2008 Bonds and 2015 Refunding Bonds - Related Files
2008 Bonds and 2015 Refunding Bonds
In November 2008, GHEFA issued $99,855,000 2008 Bonds to finance the following projects:
|
2008 Bonds |
2015 Refunding Bonds |
|
|
Project |
Original Amount |
Balance - As of 6/30/2022 |
|
Dalton State College - Parking Deck |
$ 7,240,000 |
$ 5,745,000 |
|
Darton College - Student Activity Center |
21,845,000 |
19,250,000 |
|
Fort Valley State University - Stadium & Student Center |
20,030,000 |
19,555,000 |
|
Gainesville State College - Parking Deck |
5,435,000 |
4,310,000 |
|
Georgia College & State University - Bookstore & Theatre |
8,385,000 |
7,540,000 |
|
Georgia State University - Student Housing |
18,315,000 |
-- |
|
Southern Polytechnic State University - Parking Deck |
18,605,000 |
16,445,000 |
|
Total |
$99,855,000 |
$ 72,845,000 |
In 2015, the outstanding 2008 Bonds were legally defeased via two separate transactions. On May 19, 2015, the outstanding 2008 Bonds for the Georgia State University student housing project were defeased via the BOR’s P3 Housing Initiative (Phase 1) program. On June 9, 2015, the remaining outstanding 2008 Bonds were refunded from the proceeds of the 2015 Refunding Bonds. As a result, all the 2008 Bonds are no longer considered outstanding with respect to the $500 million limit for GHEFA bonds, although the outstanding 2015 Refunding Bonds do count against the $500 million limit.
For required continuing disclosure information for the 2008 Bonds and the 2015 Refunding Bonds, please access the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access system at the following internet address: http://emma.msrb.org/, enter the following six digit issuer identifier (CUSIP) code: 373511 and then click on the appropriate bond issue.