Orleans Parish School Board, La., offers $79.06 million taxable bonds

By Sheri Kasprzak

New York, Dec. 12 - The Orleans Parish School Board of the Parish of Orleans in Louisiana is expected to sell $79.055 million of series 2011B taxable qualified school construction bonds, according to a preliminary official statement.

The bonds (/A+/) will be sold on a negotiated basis with Morgan Keegan & Co. Inc. as the underwriter.

The bonds are due Feb. 1, 2012.

Proceeds will be used to construct qualified school facilities within the parish.

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