Lease Revenue Bonds
Lease Revenue Bonds are similar to a bond-lease transaction, but with some significant differences: (1) no requirement that the non-leasable costs be paid out of the first series of bonds; (2) generally used for larger projects; and (3) when future G. O. bonds are used to pay the lease revenue bonds, the district pays less from its operating funds than with a bond-lease transaction.
Lease revenue bond issues are complicated and time consuming but the professionals at McDonald & Associates will guide you through the process with honesty and openness. You may rest assured that every aspect of the process will meet all aspects of Oklahoma law.
If you have any questions, please contact Ryan McDonald.