CINXE.COM
Bond 2012 - Imperial County Local Transportation Authority
<!doctype html> <html lang="en"> <head> <meta charset="utf-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no"> <title> Bond 2012 - Imperial County Local Transportation Authority </title> <meta name="description" content="Formed by the passage of Measure D, the ICLTA is a collection of local cities and the County of Imperial, formed to promote the allocation of state dollars locally."> <link rel="icon" type="image/x-icon" href="/favicon.png"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.3.1/css/bootstrap.min.css"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/fancybox/3.5.7/jquery.fancybox.min.css"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/mapbox-gl/0.49.0/mapbox-gl.css"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.9.0/slick.min.css"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.9.0/slick-theme.min.css"> <link rel="preload" as="style" href="https://www.ltaimperial.com/build/assets/app-DHd_GBYy.css" /><link rel="stylesheet" href="https://www.ltaimperial.com/build/assets/app-DHd_GBYy.css" /> <link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Open+Sans:300,300i,400,400i,600,600i,700,700i,800,800i"> <link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Roboto+Slab:100,300,400,700"> </head> <body class="layout layout--default"> <a class="sr-only sr-only-focusable" href="#main" style="align-items:center; background-color:#000000; color:#F9FAFB; display:flex; flex-wrap:nowrap; justify-content:center; left:50%; padding:0.75rem 1rem; position:fixed; text-align:center; top:1rem; transform:translateX(-50%); white-space:nowrap; z-index:9999;">Skip to main content</a> <header class="header" role="banner"> <div class="mobile"> <div class="container"> <div class="row align-items-center"> <div class="col-6 order-2"> <h1 class="brand hide-text"> <a class="brand__link" href="/">Imperial County Local Transportation Authority</a> </h1> </div> <div class="col-3 order-1"> <nav class="navigation" role="navigation"> <button class="navigation__toggle" type="button" aria-expanded="false"> <img src="https://www.ltaimperial.com/build/assets/navigation-BKzYFFyg.svg" alt=""> Menu </button> <div class="navigation__overlay"> <div class="navigation__list"> <ul role="menubar"> <li class=""> <a href="/" role="menuitem">Home</a> </li> <li class=""> <a href="/about-iclta" role="menuitem">About ICLTA</a> <ul role="menu" aria-label="About ICLTA"> <li class=""> <a href="/about-iclta/bond-2018" role="menuitem">Bond 2018</a> </li> <li class="active"> <a href="/about-iclta/bond-2012" role="menuitem">Bond 2012</a> </li> <li class=""> <a href="/about-iclta/ordinance-2008" role="menuitem">Ordinance 2008</a> </li> <li class=""> <a href="/about-iclta/ordinance-1989" role="menuitem">Ordinance 1989</a> </li> </ul> </li> <li class=""> <a href="/message-from-the-executive-director" role="menuitem">Message from the Executive Director</a> </li> <li class=""> <a href="/authority-governance/board-of-directors" role="menuitem">Authority Governance</a> <ul role="menu" aria-label="Authority Governance"> <li class=""> <a href="/authority-governance/board-of-directors" role="menuitem">Board of Directors</a> <ul role="menu" aria-label="Board of Directors"> <li class=""> <a href="/authority-governance/board-of-directors/agendas-and-minutes" role="menuitem">Agendas & Minutes</a> </li> </ul> </li> <li class=""> <a href="/authority-governance/local-taxpayer-supervisory-committee-ltsc" role="menuitem">Local Taxpayer Supervisory Committee (LTSC)</a> <ul role="menu" aria-label="Local Taxpayer Supervisory Committee (LTSC)"> <li class=""> <a href="/authority-governance/local-taxpayer-supervisory-committee-ltsc/agendas-and-minutes2" role="menuitem">Agendas & Minutes</a> </li> </ul> </li> </ul> </li> <li class=""> <a href="/regional-programs-and-projects" role="menuitem">Regional Programs & Projects</a> </li> <li class=""> <a href="/audits-and-financial-reports" role="menuitem">Audits & Financial Reports</a> </li> <li class=""> <a href="/doing-business-with-the-iclta" role="menuitem">Doing Business with the ICLTA</a> </li> <li class=""> <a href="/contact-us" role="menuitem">Contact Us</a> </li> </ul> </div> <div class="navigation__bg"></div> </div> </nav> </div> </div> </div> </div> <div class="desktop"> <h1 class="brand"> <a class="brand__link" href="/">Imperial County Local Transportation Authority</a> </h1> <div class="today"> <div class="datetime"> November 2, 2024 9:54 AM </div> <div class="weather"> <div class="weather__currently"> <div class="weather__label">Currently</div> <div class="weather__group"> <img class="weather__icon" src="https://www.ltaimperial.com/build/assets/clear-night-MOPhdZzk.svg" alt="Clear"> <div class="weather__temp">61°</div> </div> </div> <div class="weather__high"> <div class="weather__label">High</div> <div class="weather__temp">61°</div> </div> <div class="weather__low"> <div class="weather__label">Low</div> <div class="weather__temp">57°</div> </div> </div> </div> <nav class="navigation" role="navigation"> <ul role="menubar"> <li class=" "> <a href="/" role="menuitem">Home</a> </li> <li class=" open"> <a href="/about-iclta" role="menuitem">About ICLTA</a> <button type="button" aria-expanded="false" aria-label="Toggle sub-pages"> <img src="https://www.ltaimperial.com/build/assets/open-CNmt-Vcn.svg" alt=""> </button> <ul role="menu" aria-label="About ICLTA"> <li class=" "> <a href="/about-iclta/bond-2018" role="menuitem">Bond 2018</a> </li> <li class="active "> <a href="/about-iclta/bond-2012" role="menuitem">Bond 2012</a> </li> <li class=" "> <a href="/about-iclta/ordinance-2008" role="menuitem">Ordinance 2008</a> </li> <li class=" "> <a href="/about-iclta/ordinance-1989" role="menuitem">Ordinance 1989</a> </li> </ul> </li> <li class=" "> <a href="/message-from-the-executive-director" role="menuitem">Message from the Executive Director</a> </li> <li class=" "> <a href="/authority-governance/board-of-directors" role="menuitem">Authority Governance</a> <button type="button" aria-expanded="false" aria-label="Toggle sub-pages"> <img src="https://www.ltaimperial.com/build/assets/open-CNmt-Vcn.svg" alt=""> </button> <ul role="menu" aria-label="Authority Governance"> <li class=" "> <a href="/authority-governance/board-of-directors" role="menuitem">Board of Directors</a> <button type="button" aria-expanded="false" aria-label="Toggle sub-pages"> <img src="https://www.ltaimperial.com/build/assets/open-CNmt-Vcn.svg" alt=""> </button> <ul role="menu" aria-label="Board of Directors"> <li class=" "> <a href="/authority-governance/board-of-directors/agendas-and-minutes" role="menuitem">Agendas & Minutes</a> </li> </ul> </li> <li class=" "> <a href="/authority-governance/local-taxpayer-supervisory-committee-ltsc" role="menuitem">Local Taxpayer Supervisory Committee (LTSC)</a> <button type="button" aria-expanded="false" aria-label="Toggle sub-pages"> <img src="https://www.ltaimperial.com/build/assets/open-CNmt-Vcn.svg" alt=""> </button> <ul role="menu" aria-label="Local Taxpayer Supervisory Committee (LTSC)"> <li class=" "> <a href="/authority-governance/local-taxpayer-supervisory-committee-ltsc/agendas-and-minutes2" role="menuitem">Agendas & Minutes</a> </li> </ul> </li> </ul> </li> <li class=" "> <a href="/regional-programs-and-projects" role="menuitem">Regional Programs & Projects</a> </li> <li class=" "> <a href="/audits-and-financial-reports" role="menuitem">Audits & Financial Reports</a> </li> <li class=" "> <a href="/doing-business-with-the-iclta" role="menuitem">Doing Business with the ICLTA</a> </li> <li class=" "> <a href="/contact-us" role="menuitem">Contact Us</a> </li> </ul> </nav> </div> </header> <div class="page"> <main class="main" id="main" role="main"> <div class="template template--default"> <div class="template__heading"> <div class="container"> <div class="row"> <div class="col-12 col-sm-10 col-md-8 col-lg-6 offset-lg-1 col-xl-5 offset-xl-1"> <h2>Bond 2012</h2> </div> </div> </div> </div> <div class="template__content"> <div class="container"> <div class="row"> <div class="col-12 col-lg-10 offset-lg-1"> <p>Under California law, the Local Transportation Authority is permitted to issue bonds on behalf of a Local Agency that is payable from the Measure D Sales Tax Revenues that are allocable to such Local Agency.聽 In May 2012, the Cities of Brawley, Calexico, Calipatria, Imperial and the County of Imperial identified certain street and highway projects that needed to be undertaken and requested that the Authority issue a series of bonds on its respective behalf of each Participating Local Agency that shall be payable solely from the portion of the Measure D Sales Tax Revenues allocable to that Participating Local Agency. Below is a summary of the revenues issued to each Participating Local Agency.</p><p>Total Sales Tax Revenue Bonds $53,975,000</p><p>$8,155,000 Series 2012A (City of Brawley)</p><p>$15,410,000 Series 2012B (City of Calexico)</p><p>$2,305,000 Series 2012C (City of Calipatria)</p><p>$6,170,000 Series 2012D (City of Imperial)</p><p>$21,935,000 Series 2012E (County of Imperial)</p><h4>Documents</h4><p><a target="_blank" href="/assets/2012-bond-financing.pdf">2012 Bond Financing</a></p> </div> </div> </div> </div> </div> </main> <footer class="footer" role="contentinfo"> <div class="container"> <div class="row copyright"> <div class="col-12 col-md-10 offset-md-1"> <div> © 2024 <strong>Imperial County Local Transportation Authority</strong> </div> <div> 1503 N Imperial Ave, Ste 104, El Centro, CA 92243 </div> </div> </div> <div class="row developer"> <div class="col-12 col-md-10 offset-md-1"> Crafted by <a href="https://www.conveyorgroup.com" target="_blank">Conveyor Group</a> </div> </div> </div> </footer> </div> <script src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.3.1/jquery.min.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.3.1/js/bootstrap.min.js"></script> <script src="https://api.mapbox.com/mapbox.js/v3.1.1/mapbox.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/bowser/1.9.4/bowser.min.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/fancybox/3.5.7/jquery.fancybox.min.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/mapbox-gl/0.49.0/mapbox-gl.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/moment.js/2.24.0/moment.min.js"></script> <script src="https://cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.9.0/slick.min.js"></script> <link rel="modulepreload" href="https://www.ltaimperial.com/build/assets/app-Bwq68LeV.js" /><script type="module" src="https://www.ltaimperial.com/build/assets/app-Bwq68LeV.js"></script> <script async src="https://www.googletagmanager.com/gtag/js?id=G-9876PZ9CFW"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-9876PZ9CFW'); </script> </body> </html>