Bridge

The latest news and information about the District and Preserves.

Midpeninsula Regional Open Space District receives AAA Rating, will begin issuing Green Bonds

On August 18, 2016, the credit rating agencies of both Fitch Ratings, Inc. and Standard and Poor’s assigned to the Midpeninsula Regional Open Space District (District) a AAA rating, the highest available rating for financial performance.

The District’s strong management, financial position, and growing tax base are reflected in the District's recent credit ratings. In addition, the District Board of Directors voted to refinance current bonds at a lower interest rate estimated to save approximately $15 million. The Board also voted to issue the refinancing bonds as Green Bonds, which support environmentally-beneficial purposes, and to offer these bonds to individual retail investors and institutional investors through Morgan Stanley as the underwriter.

“This is a very exciting project,” stated General Manager Steve Abbors. “We’re saving the taxpayers approximately $15 million in future payments, paying bonds off three years early, issuing Green Bonds for the first time, tapping into the retail market for the first time, and we’re rated AAA.” 

The District’s Green Bonds are expected to sell during the week of September 5, 2016. More information on the Green Bonds will be available on August 29.

This is not an offer to sell or a solicitation of an offer to buy the Green Bonds which can only be sold by the underwriters pursuant to an Official Statement of the District when available from the underwriter.

Midpen Store

The Midpen online store is now open, offering a selection of logowear and accessories. Show your love for Open Space while you're out on the trails and explore the preserves in style!

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Now Hiring

Join our passionate, talented and dynamic team as we work collaboratively towards our vision.  We are currently accepting applications for:

  • Capital Project Manager III

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Ravenswood Bay Trail Project

The Ravenswood Bay Trail will complete a 0.6 mile critical missing gap in the San Francisco Bay Trail on the San Francisco Peninsula, between the existing Bay Trail along University Avenue and the existing unpaved multi-purpose trail in the Ravenswood Open Space Preserve and the City of East Palo Alto’s Cooley Landing.  Completing this trail gap will open up 80 miles of continuous Bay Trail connecting to Menlo Park to the north, Mt. View/Sunnyvale/Santa Clara to the south and across the Dumbarton Bridge to the East Bay.  The San Francisco Bay Trail is a planned 500 mile walking and cycling path around the entire San Francisco Bay through all nine Bay Area counties and 47 cities.

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