Public Notices
August 14, 2026
Louisiana Public Facilities Authority Revenue Bonds (Louisiana Key Academy Project) $30,000,000
NOTICE OF PUBLIC HEARING
Louisiana Public Facilities Authority
Revenue Bonds
(Louisiana Key Academy Project)
NOTICE IS HEREBY GIVEN that the Louisiana Public Facilities Authority (the “Authority”) will hold a public hearing on August 24, 2026, at ten thirty o’clock (10:30) a.m. at the offices of the Authority, at 2237 South Acadian Thruway, Suite 650, Baton Rouge, Louisiana 70808, with respect to the captioned revenue bonds (the “Bonds”). The Bonds are proposed to be issued by the Authority in one or more series pursuant to a plan of finance in an aggregate face amount not to exceed $30,000,000, and the proceeds of the Bonds are to be loaned by the Authority to Friends of LKA (the “Borrower”), a Louisiana non-profit corporation and an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), for the purposes of (i) financing the acquisition, construction, equipping and furnishing of (a) Louisiana Key Academy – Baton Rouge (the “Baton Rouge Campus”), a tuition free, public charter school authorized to serve students in first through eighth grade and located at 5015 Auto Plex Drive, Baton Rouge, Louisiana 70809, (b) Louisiana Key Academy – Caddo (the “Caddo Campus”), a tuition free, public charter school authorized to serve students in first through eighth grade and located at 261 Arthur Avenue, Shreveport, Louisiana 71105 and (c) Louisiana Key Academy – Northshore (the “Northshore Campus” and, collectively with the Baton Rouge Campus and Caddo Campus, the “Schools”), a tuition free, public charter school authorized to serve students in first through eighth grade and located at 2391 Privette Boulevard, Covington Louisiana 70435, or refinancing one or more loans associated with any of the foregoing, including capitalized interest, if necessary, with the maximum amount of Bond proceeds to be expended at any one of the Schools not to exceed $30,000,000; (ii) funding one or more reserve funds, if necessary; and (iii) paying costs of issuance associated therewith. The Borrower will be the exclusive owner of the Schools and will lease the Schools to Louisiana Key Academy, a Louisiana non-profit corporation and an organization described in Section 501(c)(3) of the Code, who operates the Schools.
The Authority shall conduct the public hearing for the purpose of receiving comments on and hearing any objections (verbal or written) to the proposed issuance of the Bonds and the associated plan of finance. All interested parties are invited to attend such public hearing to express their views.
Persons who intend to appear at the hearing and express their view are invited to contact Ms. Patricia A. Dubroc, President and Chief Executive Officer of the Authority, at the Authority’s offices, either in writing or by telephone (225) 923-0020, in advance of the hearing. Any interested persons unable to attend the hearing may submit their views in writing to Ms. Patricia A. Dubroc prior to the date scheduled for the hearing. The location and time of the hearing may be changed or an additional hearing will be scheduled if requested to do so in written requests submitted to Ms. Patricia A. Dubroc prior to the aforementioned date of the hearing by a significant number of interested persons.
The Bonds will be secured solely by payments made by the Borrower, will not be payable from any other revenue of the Authority or the State of Louisiana, and will not constitute an indebtedness of the Authority or the State of Louisiana, within the meaning of any constitutional or statutory limitation of indebtedness.
This notice is published and the aforementioned public hearing is to be held in satisfaction of the requirements of Section 147(f) of the Code, regarding the public approval prerequisite to the exclusion from gross income for federal income tax purposes of the interest on the Bonds.
LOUISIANA PUBLIC FACILITIES AUTHORITY
August 14, 2026