SUMMARY NOTICE OF SALE
$20,365,000* GENERAL OBLIGATION REFUNDING
AND IMPROVEMENT BONDS, SERIES 2026A
AND
$28,420,000* GENERAL OBLIGATION REFUNDING BONDS,
SERIES 2026B
CHEROKEE SCHOOL DISTRICT NO. 1 OF CHEROKEE COUNTY, SOUTH CAROLINA
Proposals by electronic bids will be received by the Superintendent or his lawfully-authorized designee of Cherokee School District No. 1 of Cherokee County, South Carolina (the "School District") pursuant to the Official Notices of Sale.
Sale Date: Such date as may be established by the School District not less than seven days from the publication of this notice and communicated by electronic dissemination not less than 48 hours prior to the time the proposals are to be received.
Sale Times: Series A – 11:00 a.m., South Carolina time
Series B – 12:00 noon, South Carolina time
Bonds Dated: Date of Delivery on or about April 30, 2026
Interest Payments: Semiannually on March 1 and September 1, commencing
September 1, 2026
Principal Payments: Series A – March 1, 2027 through March 1, 2030
Series B – March 1, 2027 through March 1, 2031
Prepayment Provisions: The Bonds will not be subject to redemption prior to their
stated maturities.
Legal Opinion: Burr & Forman LLP, Columbia. SC
Financial Advisor: Compass Municipal Advisors, LLC, Columbia, SC
The Bonds will be issued in book-entry-only form in denominations of $5,000 or any integral multiple thereof. A copy of the Request for Proposals is available via the internet at https://compassmuni.com/statements.php. For additional information, please contact the School District's Bond Counsel, Francenia B. Heizer, Esquire, Burr & Forman LLP, telephone (803) 799-9800; e-mail: fheizer@burr.com or the School District's Financial Advisor, Brian G. Nurick, Senior Managing Director, Compass Municipal Advisors LLC; telephone (803) 733-1604, e-mail: brian.nurick@compassmuni.com.
*Preliminary, subject to change
IPL0327980
Apr 3 2026