Sierra Vista, Ariz., to Sell $16.1M in Education Facility Revenue Bonds

Dow Jones

01/28

By Chris Wack

The Industrial Development Authority of the City of Sierra Vista in Arizona plans to sell $16.1 million of Series 2026 education facility revenue bonds to loan to Desert Star Academy, an Arizona non-profit corporation.

Desert Star Academy intends to use the proceeds to finance or refinance the purchase, construction, improvement, renovation and equipping of land and charter school facilities located in Fort Mohave, Ariz., according to documents posted on MuniOS.

Interest on the bonds is payable semiannually on each June 15 and Dec. 15. Rates and yields haven't yet been determined.

The bonds are special limited obligations of the Industrial Development Authority.

The authority is a non-profit corporation designated a political subdivision of the state of Arizona, and isn't pledging its general credit for the bonds.

Desert Star Academy is an organization operated exclusively for charitable and educational purposes as a charter school under Arizona laws.

Some of the proceeds will be used for constructing a 30,000-square-foot, two-story pre-engineered metal building for high school classrooms and a sports stadium. The project is expected to cost about $12.1 million, and be substantially completed by March 2027.

Hilltop Securities is listed as senior managers for the sale.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 27, 2026 18:50 ET (23:50 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The project is expected to cost about $12.1 million, and be substantially completed by March 2027. \n</p>\n<p>\n  Hilltop Securities is listed as senior managers for the sale. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2026 18:50 ET (23:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sierra Vista, Ariz., to Sell $16.1M in Education Facility Revenue Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSierra Vista, Ariz., to Sell $16.1M in Education Facility Revenue Bonds\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-01-28 07:50</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n     The Industrial Development Authority of the City of Sierra Vista in Arizona plans to sell $16.1 million of Series 2026 education facility revenue bonds to loan to Desert <a href=\"https://laohu8.com/S/SGU\">Star</a> Academy, an Arizona non-profit corporation. \n</p>\n<p>\n  Desert Star Academy intends to use the proceeds to finance or refinance the purchase, construction, improvement, renovation and equipping of land and charter school facilities located in Fort Mohave, Ariz., according to documents posted on MuniOS. \n</p>\n<p>\n  Interest on the bonds is payable semiannually on each June 15 and Dec. 15. Rates and yields haven't yet been determined. \n</p>\n<p>\n  The bonds are special limited obligations of the Industrial Development Authority. \n</p>\n<p>\n  The authority is a non-profit corporation designated a political subdivision of the state of Arizona, and isn't pledging its general credit for the bonds. \n</p>\n<p>\n  Desert Star Academy is an organization operated exclusively for charitable and educational purposes as a charter school under Arizona laws. \n</p>\n<p>\n  Some of the proceeds will be used for constructing a 30,000-square-foot, two-story pre-engineered metal building for high school classrooms and a sports stadium. The project is expected to cost about $12.1 million, and be substantially completed by March 2027. \n</p>\n<p>\n  Hilltop Securities is listed as senior managers for the sale. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2026 18:50 ET (23:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BSRR","symbol_name":"塞拉銀行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2606751365","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606751365","pubTimestamp":1769557800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The Industrial Development Authority of the City of Sierra Vista in Arizona plans to sell $16.1 million of Series 2026 education facility revenue bonds to loan to Desert Star Academy, an Arizona non-profit corporation.Desert Star Academy intends to use the proceeds to finance or refinance the purchase, construction, improvement, renovation and equipping of land and charter school facilities located in Fort Mohave, Ariz., according to documents posted on MuniOS.Interest on the bonds is payable semiannually on each June 15 and Dec. 15. 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Rates and yields haven't yet been determined. \n\n\n  The bonds are special limited obligations of the Industrial Development Authority. \n\n\n  The authority is a non-profit corporation designated a political subdivision of the state of Arizona, and isn't pledging its general credit for the bonds. \n\n\n  Desert Star Academy is an organization operated exclusively for charitable and educational purposes as a charter school under Arizona laws. \n\n\n  Some of the proceeds will be used for constructing a 30,000-square-foot, two-story pre-engineered metal building for high school classrooms and a sports stadium. The project is expected to cost about $12.1 million, and be substantially completed by March 2027. \n\n\n  Hilltop Securities is listed as senior managers for the sale. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 27, 2026 18:50 ET (23:50 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}