National Law Enforcement Officers Memorial Fund Issues Bonds to Build a Museum

Offering the public an opportunity to invest in a worthwhile cause
By: The National Law Enforcement Officers Memorial
 
WASHINGTON - June 26, 2015 - PRLog -- The National Law Enforcement Officers Memorial Fund (http://www.supporttheline.com/) announced that it is releasing nearly $100 million worth of high-yield, non-rated, tax-exempt bonds to build the only national museum dedicated to telling the story of law enforcement in America. The Preliminary Official Statement was released on June 18.

The congressionally-authorized museum will complement the National Law Enforcement Officers Memorial and will complete the development of a National Center for Law Enforcement that will highlight and archive law enforcement achievements and history.  More importantly, the center will provide a unifying place to strengthen the ties between law enforcement and the communities they serve through knowledge, compassion and dialogue.

Most Americans know the sacrifices that law enforcement officers make in order to serve and protect.  However, recent events have redefined the relationship between law enforcement and citizens and have created tension and divide, leaving some citizens questioning and criticizing the role of law enforcement.  It has never been more important to bring law enforcement and the community together to join forces and tackle the tougher issues of our time. A national platform and national center provide a place where law enforcement and citizens can connect, discuss and inform.

For more than 30 years, the National Law Enforcement Officers Memorial Fund has served as a bridge between law enforcement and citizens. The organization has been dedicated to honoring and remembering the service and sacrifice of America’s law enforcement officers. It is the only national law enforcement organization devoted to engaging the public by holding forums on “use of force,” panel discussions detailing seminal moments in law enforcement history and other important topics.

To effectively fulfill its vision, the Fund has created three important priorities: the National Law Enforcement Officers Memorial, the soon-to-be-built National Law Enforcement Museum, and educational programming consisting of officer safety and wellness initiatives, as well as programming and events for the general public. Once open, the museum will serve as a platform to fortify ties between the community and law enforcement. Ultimately, it will become an important place to improve the lines of communication between those who protect and those who are protected— making our country safer for all.

The museum will be built in Judiciary Square in Washington, DC, and adjacent to the National Law Enforcement Officers Memorial, which contains 20,538 names of fallen officers. New names are added to the walls of the Memorial each year and thousands of mourners attend a candlelight vigil to honor them.

“The museum is a critical component in making this location in Washington, DC, a national center where our fallen heroes can be honored and visitors to the nation’s capital can learn about American law enforcement and the many brave men and women who work to keep us safe,” stated Craig Floyd, chairman and CEO of the National Law Enforcement Officers Memorial Fund.  “More importantly, this national law enforcement center will provide a platform and location for law enforcement officials, the public, elected officials and the media to interact and hold educational forums and dialogue on all law enforcement issues of the day,” Floyd explained.

Established in 1935 and privately owned, HJ Sims is serving as the underwriter for the District of Columbia Revenue Bonds, Series 2015, for the National Center for Law Enforcement. The firm is known for their expertise in managing, underwriting and distributing tax-exempt bonds. “HJ Sims is pleased to lead the financing of the National Center for Law Enforcement. Our investment banking team is dedicated to working with the Fund to a solid financing to ensure the Center fulfills its role of being a vital resource for the law enforcement community and the public,” explained Aaron Rulnick, Managing Principal with HJ Sims.  “One of the advantages of purchasing bonds for the National Center for Law Enforcement is that, in addition to the opportunity to generate income over the life of the bond, investors have the opportunity to recognize the sacrifices that members of the law enforcement community make each day to protect our local communities,” Rulnick commented.

The District of Columbia will issue the Series 2015 Revenue Bonds (National Center for Law Enforcement Issue) in the amount of $99,030,000. The Bonds are exempt from federal income tax and will be issued in denominations of $5,000 providing anticipated yields ranging from 6% - 7.50%. The Bonds are backed by the security of a stable institution, the National Law Enforcement Officers Fund, which has multiple sources of sustaining revenue.

For more information on the bonds, visit SupportTheLine.com (http://www.supporttheline.com/) or contact HJ Sims at 877-577-3365.  For more information on the National Law Enforcement Officers Memorial Fund, visit www.nleomf.org.

About the National Law Enforcement Officers Memorial Fund
Established in 1984, the National Law Enforcement Officers Memorial Fund is a private non-profit organization dedicated to telling the story of American law enforcement and making it safer for those who serve. The Memorial Fund maintains the National Law Enforcement Officers Memorial in Washington, D.C., which contains the names of 20,538 officers who have died in the line of duty throughout U.S. history. The Memorial Fund is now working to create the National Center for Law Enforcement, which will tell the story of American law enforcement through high-tech, interactive exhibitions, historical artifacts and extensive educational programming. For more information, visit www.SupportTheLine.com.

About HJ Sims

Founded in 1935 on Wall Street, HJ Sims is celebrating 80 years of service as a privately held investment bank and broker-dealer with approximately $1.8 billion of assets under management. HJ Sims is known as one of the country’s oldest underwriters of tax-exempt and taxable bonds, having raised more than $19 billion for projects throughout the US. The firm is headquartered in Fairfield, Connecticut, with investment banking, private client wealth management and trading offices in Arizona, Florida, Maryland, Minnesota, New Jersey, Pennsylvania, Texas and Puerto Rico. All client assets are custodied at Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation. For more information, please visit: www.hjsims.com. Investments involve risk, including the possible fluctuation of principal. Member FINRA/SIPC®.

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Source:The National Law Enforcement Officers Memorial
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