Series 2010A Bonds and 2020 Refunding Bonds
In August 2010, GHEFA issued $94,210,000 2010A Bonds to finance projects at five BOR institutions. On May 19, 2015, the outstanding 2010A Bonds for the East Georgia College and College of Coastal Georgia student housing projects were legally defeased via the BOR’s P3 Housing Initiative (Phase 1) and are no longer considered outstanding with respect to the $500 million limit for GHEFA bonds.
On March 19, 2020, all of the remaining $58,955,000 outstanding 2010A Bonds were refunded with the issuance of the Series 2020 Refunding Bonds.
2010A Bonds |
2010A Bonds |
|
Project |
Original Amount |
Balance - As of 6/30/2019 |
College of Coastal Georgia - Student Housing |
$ 15,590,000 |
$ -- |
College of Coastal Georgia - Student Center |
13,365,000 |
8,600,000 |
East Georgia College - Student Housing |
8,910,000 |
-- |
Georgia College & State University - Wellness & Recreation Center |
31,400,000 |
20,210,000 |
Savannah State University - Stadium and Student Center |
18,930,000 |
12,180,000 |
University of West Georgia - Bookstore |
6,015,000 |
3,870,000 |
Total |
$ 94,210,000 |
$ 44,860,000 |
For required continuing disclosure information for the 2010A 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.