The CMFA issues $18,475,000 to the University of La Verne, La Verne, California

The proceeds of the 2015 bonds will be used to refund the California Educational Facilities Authority Revenue Bonds (University of La Verne) Series 2005A, issued to finance or refinance the 2005 Project. The 2005 Project included the construction of a chilled water loop system, campus-wide renovation, reimbursement of the University of funds previously expended to refurbish property purchased adjacent to the University’s main campus, the refinancing of a short term note, the renovation of the University’s sports science and athletic pavilion, the renovation and expansion of Hanawalt House, the conversion of the University’s turf football field into artificial surface field; the refinancing of all outstanding California Educational Facilities Authority Revenue Bonds (University of La Verne) Series 1993; and the refinancing of all the University’s outstanding portion of the California Educational Facilities Authority Revenue Bonds (Pooled College and University Projects) 2000 Series B.

« Return