Recent Transactions

In April 2019, the Treasurer’s Office assisted with the issuance of $5,225,000 in bonds on behalf of the Toledo-Lucas County Port Authority. State SIB Series 2019-2 partially financed certain public improvements to the Port Authority’s Seaport facilities located in Toledo, Ohio. Public improvements include replacing 6,000 LF of existing 8” waterline and 1,800 LF of 12” waterline and associated hydrants and service connections that were installed in the 1960’s which have exceeded its useful life. The proposed public improvements would also include the construction of two 48,000 square feet buildings located in the Port Authority’s Foreign Trade Zone (FTZ) to replace an existing 1960’s era, 60,000 SF, FTZ building that has exceeded its useful life and is deteriorated beyond repair. These multi-modal facilities are used to temporarily store products that arrive primarily by ship and are stored duty free until they are shipped out by truck or rail.