El Paso Independent School District

CUSIP 283770GS8
  • Issue Currency: United States of America Dollars
  • Announcement Date: 15-Apr-2015
  • News: El Paso Independent School District has issued USD 2655M, 5% fixed rate bond due 15-Aug-2019. For Bond Document please visit www.BondPDF.com
CUSIP 2837672L4
  • Issue Currency: United States of America Dollars
  • Announcement Date: 09-Feb-2015
  • News: Municipal Name: El Paso Independent School District CUSIP: 2837672L4 Partial-Redemption: USD 3MM Redemption Date: February 19, 2015 For Bond Document please visit www.BondPDF.com
CUSIP 283770HL2
  • Issue Currency: United States of America Dollars
  • Announcement Date: 28-May-2018
  • News: THE BONDS HAVE NOT BEEN DESIGNATED AS QUALIFIED TAX-EXEMPT OBLIGATIONS FOR FINANCIAL INSTITUTIONS EL PASO INDEPENDENT SCHOOL DISTRICT (El Paso County, Texas) $104,555,000 UNLIMITED TAX REFUNDING BONDS, SERIES 2015A Dated Date: February 1, 2015 Interest Accrual Date: Delivery Date Due: As shown on Page 2 PAYMENT TERMSInterest on the $104,555,000 El Paso Independent School District Unlimited Tax Refunding Bonds, Series 2015A (the Bonds) will accrue from the date of their initial delivery (the Delivery Date), will be payable on February 15 and August 15 of each year commencing on August 15, 2015, until maturity or prior redemption and will be calculated on the basis of a 360-day year consisting of twelve 30-day months. The Bonds will be issued as fully registered obligations in the denominations of $5,000 of principal amount or any integral multiple thereof for any one stated maturity. The definitive Bonds will be initially registered and delivered only to Cede & Co., the nominee of The Depository Trust Company (DTC) pursuant to the Book-Entry-Only System described herein. Beneficial ownership of the Bonds may be acquired in authorized denominations thereof. No physical delivery of the Bonds will be made to the beneficial owners thereof. The principal of and interest on the Bonds will be payable by the Paying Agent/Registrar to Cede & Co., which will make distribution of the amounts so paid to the participating members of DTC for subsequent payment to the beneficial owners of the Bonds (see THE BONDS - Book-Entry-Only System). The initial Paying Agent/Registrar is The Bank of New York Mellon Trust Company, N.A., Dallas, Texas (see THE BONDS - Paying Agent/Registrar). AUTHORITY FOR ISSUANCEThe Bonds are issued pursuant to the Constitution and general laws of the State of Texas (the ""State""), including Chapter 1207 of the Texas Government Code, as amended, and an order (the Bond Order) adopted by the governing board (the Board) of the El Paso Independent School District (the District) in which the Board delegated to certain officers of the District the authority to complete the sale of the Bonds through the execution of a Pricing Certificate which contains the final terms of sale of the Bonds (the Bond Order and Pricing Certificate are jointly referred to as the Order). The Bonds are direct obligations of the District, payable from an ad valorem tax levied, without legal limitation as to rate or amount, on all taxable property located within the District, as provided in the Order (see ""THE BONDS - Authority for Issuance""). The District has received conditional approval for the payment of the Bonds to be guaranteed by the Permanent School Fund of Texas (see THE PERMANENT SCHOOL FUND GUARANTEE PROGRAM herein). PURPOSE . . . Proceeds from the sale of the Bonds will be used (1) to refund a portion of the Districts Unlimited Tax School Building and Refunding Bonds, Series 2008 (the Refunded Bonds) and (2) to pay the costs associated with the issuance and sale of the Bonds. LEGALITYThe Bonds are offered for delivery when, as and if issued and received by the Underwriters and subject to the approving opinion of the Attorney General of Texas and the opinion of Norton Rose Fulbright US LLP, Dallas, Texas (Bond Counsel) (see Appendix C, Form of Bond Counsels Opinion). Certain legal matters will be passed upon for the Underwriters by their counsel, Blanco, Ordoez, Mata & Wallace, P.C., El Paso, Texas. DELIVERYIt is expected that the Bonds will be available for delivery through DTC on March 11, 2015.

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