|
|
|
|
|
|
|
|
|
Meeting Date:
|
5/8/2025 - 4:30 PM
|
|
Category:
|
BUSINESS SERVICES - ACTION ITEMS
|
|
Type:
|
Action
|
|
Subject:
|
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.
|
|
Strategic Plans:
|
|
|
Enclosure
|
|
|
File Attachment:
|
|
|
Rationale:
|
|
|
Funding:
|
|
|
Fiscal Impact
:
|
|
|
Background
:
|
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.
|
|
Recommendation:
|
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.
|
|
Approvals:
|
|
Recommended By:
|
|
Signed By:
|
|
|
Francine Story - CBO
|
|
|
Signed By:
|
|
|
Bruce Bivins - Superintendent
|
|
|
|
|
Vote Results:
|
| 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 | |
|
|
|
|
|
|
|