CMFA issues $45,660,000 in Bonds to The Palmdale Aerospace Academy located in Palmdale, California

Design, Create, Explore, LLC (the “Borrower”) is a California limited liability company whose sole member is The Palmdale Aerospace Academy Foundation, a California nonprofit public benefit corporation. The proceeds of the Bonds will be used for the acquisition of land located on the southwest corner of East Palmdale Blvd. and 35th Street East, in the City of Palmdale, California and the construction and equipping of improvements, including, but not limited to, the construction of an educational facility.

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