NOTICE OF BOND SALE
$10,000,000
LOS ALAMOS PUBLIC SCHOOLS
COUNTY OF LOS ALAMOS, STATE OF NEW MEXICO
GENERAL OBLIGATION SCHOOL BONDS
SERIES 2022
PUBLIC NOTICE IS HEREBY GIVEN that the Superintendent and Assistant Superintendent for Finance and Operations of the Los Alamos Public Schools (“District”), Los Alamos County, New Mexico, will receive and publicly open bids at RBC Capital Markets, LLC, 6301 Uptown Blvd. NE, Suite 110, Albuquerque, New Mexico at the hour of 10:30 a.m., prevailing Mountain Time, on Tuesday, Feburary 8, 2022 for the purchase of the District’s General Obligation School Bonds, Series 2022 (“Bonds”), in the aggregate principal amount of $10,000,000. The Superintendent and or Assistant Superintendent for Finance and Operations will thereafter take action to award the Bonds, and certify to the Board in writing that the final terms comply with the parameters and conditions established in the Notice of Sale Resolution adopted by the Board on December 14, 2021.
The Bonds will be issued as fully registered bonds and will mature on August 1 of each year as follows:
Years Maturing Amounts Maturing
2022 $3,925,000
2023 3,175,000
2024 300,000
2025 300,000
2026 300,000
2027 300,000
2028 300,000
2029 300,000
2030 300,000
20231 300,000
2032 300,000
2033 200,000
The Bonds constitute a portion of the bonds that were authorized at a regular election held on November 5, 2019 and will constitute general obligation debt of the District, payable from general taxes that may be levied against all taxable property within the District, without limitation as to rate or amount.
Each bidder must submit an unconditional, written and sealed or electronic transmission bid on the Official Bid Form for all of the Bonds, specifying the lowest rate or rates of interest and premium, if any, at or above par at which such bidder will purchase the bonds. The maximum net effective interest rate is 10% per annum and the maximum stated interest rate permitted is 10% per annum. Further limitations and information concerning the interest rates which may be bid for the Bonds and otherwise concerning bidding are set forth in the Official Notice of Bond Sale, of which this notice is a condensation. None of the Bonds will be sold at less than the principal amount thereof and accrued interest thereon. Copies of the Official Notice of Bond Sale, Preliminary Official Statement and the Official Bid Form may be obtained from the District’s Financial Advisor, RBC Capital Markets, 6301 Uptown Blvd. NE, Suite 110, Albuquerque, New Mexico 87110, Telephone (505) 872-5992. All bids must comply with the terms of the Official Notice of Bond Sale.
The validity and enforceability of the Bonds will be approved by Modrall, Sperling, Roehl, Harris & Sisk, P.A., 500 Fourth Street, N.W., Suite 1000, Albuquerque, New Mexico 87102, and a certified transcript of the legal proceedings will be furnished to the purchaser without charge.
Dated: December 14, 2021
/s/ Melanie Colgan
President, Board of Education
Los Alamos Public Schools
PUBLISHED IN THE LOS ALAMOS DAILY POST THURSDAY JANUARY 13, 2022