Volume 42 - Issue 13 - March 30, 2023

(Published in the Kansas Register March 30, 2023.)

Unified School District No. 216,
Kearny County, Kansas (Deerfield)

Summary Notice of Bond Sale
$7,570,000
General Obligation Bonds, Series 2023

(General Obligation Bonds Payable from Unlimited Ad Valorem Taxes)

Bids

Subject to the Notice of Bond Sale dated March 20, 2023 (the “Notice”), facsimile, written, and electronic bids will be received on behalf of the Clerk of Unified School District No. 216, Kearny County, Kansas (Deerfield) (the “Issuer”) in the case of written or facsimile bids, at the address set forth below, and in the case of electronic bids, through PARITY^® until 10:00 a.m. (Central Time) April 10, 2023, for the purchase of the above-referenced bonds (the “Bonds”). No bid of less than 100% of the principal amount of the Bonds and accrued interest thereon to the date of delivery will be considered.

Bond Details

The Bonds will consist of fully registered bonds in the denomination of $5,000 or any integral multiple thereof. The Bonds will be dated April 27, 2023, and will become due on September 1 in the years as follows:

Year	Principal Amount*
2025	$145,000
2026	155,000
2027	170,000
2028	180,000
2029	190,000
2030	200,000
2031	215,000
2032	230,000
2033	240,000
2034	255,000
2035	270,000
2036	290,000
2037	305,000
2038	325,000
2039	340,000
2040	360,000
2041	380,000
2042	400,000
2043	425,000
2044	445,000
2045	470,000
2046	500,000
2047	525,000
2048	555,000
* Subject to change, see the Notice

The Bonds will bear interest from the date thereof at rates to be determined when the Bonds are sold as hereinafter provided, which interest will be payable semiannually on March 1 and September 1 in each year, beginning on March 1, 2024.

Book-Entry-Only System

The Bonds shall be registered under a book-entry-only system administered through DTC.

Paying Agent and Bond Registrar

Treasurer of the State of Kansas, Topeka, Kansas.

Good Faith Deposit

Each bid shall be accompanied (in the manner set forth in the Notice) by a good faith deposit in the form of a cashier’s or certified check drawn on a bank located in the United States of America or a wire transfer in Federal Reserve funds immediately available for use by the Issuer in the amount of $151,400.

Delivery

The Issuer will pay for preparation of the Bonds and will deliver the same properly prepared, executed, and registered without cost to the successful bidder on or about April 27, 2023, to DTC for the account of the successful bidder or at such bank or trust company in the contiguous United States of America as may be specified by the successful bidder, or elsewhere at the expense of the successful bidder.

Assessed Valuation and Indebtedness

The Equalized Assessed Tangible Valuation for Computation of Bonded Debt Limitations for the year 2023 is $32,695,124. The total general obligation indebtedness of the Issuer as of the Dated Date, including the Bonds being sold, is $7,570,000.

Approval of Bonds

The Bonds will be sold subject to the legal opinion of Gilmore & Bell, P.C., Wichita, Kansas, Bond Counsel to the Issuer, whose approving legal opinion as to the validity of the Bonds will be furnished and paid for by the Issuer, printed on the Bonds, and delivered to the successful bidder as and when the Bonds are delivered.

Additional Information

Additional information regarding the Bonds may be obtained from the undersigned, or from the Financial Advisor at the addresses set forth below.

Issuer Address

Unified School District No. 216
Attn: Reyna Royer-Weatherred, Clerk
803 Beech St.
Deerfield, KS 67838
620-426-8516
Fax: 620-426-7890
Reyna.Weatherred@usd216.org

Financial Advisor – Written and Facsimile Bid and Good Faith Deposit Delivery Address

Raymond James & Associates, Inc.
Attn: Greg Vahrenberg, Managing Director
11551 Ash St., Suite 250
Leawood, KS 66211
816-391-4120
Fax: 833-887-8729
greg.vahrenberg@raymondjames.com

Dated March 20, 2023.

Reyna Royer-Weatherred
Clerk
Unified School District No. 216

Doc. No. 050999