Oakley Public Finance Authority
CUSIP 673634AY7
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Dec-2016
- News: Municipal Name: Oakley Public Finance Authority CUSIP: 673634AY7 Currency: USD Redemption Date: January 14, 2017
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Dec-2016
- News: Municipal Name: Oakley Public Finance Authority CUSIP: 673634AW1 Currency: USD Redemption Date: January 14, 2017
- Issue Currency: United States of America Dollars
- Announcement Date: 30-Apr-2018
- News: S&P Global Ratings raised its long-term rating to `A+` from `BBB` to Oakley Public Financing Authority, Calif.`s series 2012 refunding revenue bonds, issued on behalf of the city`s Assessment District 2004-1. The outlook is stable. The rating reflects the application of our updated methodology for assessing special assessments, ""Special Assessment Debt,"" published April 2, 2018, on RatingsDirect. The series 2012 bonds are secured by local debt service payments from the city of Oakley on its series 2004 local limited obligation improvement bonds. Oakley is located in eastern Contra Costa County along the shore of the Sacramento-San Joaquin Delta, 55 miles from San Francisco. The district is strong, with 895 parcels securing the bonds over 235 acres. The district is fully built-out with all properties sold to end users.
