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Meeting Date:
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Category:
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BUSINESS SERVICES - ACTION ITEMS |
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Type:
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Subject:
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9.4 Resolution No. 33 - 2024/2025 Authorizing the Issuance and Sale of General Obligation Bonds 2024 Election, Series 2025, in an aggregate principal amount not to exceed $18,000,000 and approving related documents and actions. |
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Strategic Plans:
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Enclosure:
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File Attachment:
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Rationale:
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Funding:
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Background: |
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Measure H was approved by District voters on November 5, 2024, authorizing general obligation bonds in an amount up to $38,000,000. The resolution authorizes the initial series of Measure H Bonds to be issued as current interest bonds through a negotiated sale, and also approves in form the Bond Purchase Agreement and Preliminary Official Statement. |
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Recommendation
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Approve Resolution No. 33 - 2024/2025 Authorizing the Issuance and Sale of General Obligation Bonds 2024 Election, Series 2025, in an aggregate principal amount not to exceed $18,000,000 and approving related documents and actions. |
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Approvals:
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Recommended By: |
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Signed By: |
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Francine Story - CBO |
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Signed By: |
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Bruce Bivins - Superintendent |
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Vote Results:
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| Original Motion | | Member Katie McClendon Moved, Member Lydia Mora seconded to approve the Original motion 'Approve Resolution No. 33 - 2024/2025 Authorizing the Issuance and Sale of General Obligation Bonds 2024 Election, Series 2025, in an aggregate principal amount not to exceed $18,000,000 and approving related documents and actions.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Douglas Corona | Yes | | Erika Guzman Medina | Yes | | Carol Jimenez | Yes | | Lydia Mora | Yes | | Katie McClendon | Yes | |
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