Review Agenda Item
Meeting Date: 5/2/2024 - 7:00 PM
Category: Information and Study Items
Type: Info
Subject: Measure I: 2024 General Obligation Refunding Bonds Refinancing Results
District Priorities:
Enclosure
File Attachment:
Cambrian-Pre. Re. Refi. Results-5-2-24-Revised.pdf
Summary: The Cambrian School District issued General Obligation Bonds under Measure I in 2014 at the going interest rates at that time. On March 21, 2024, the Governing Board of Trustees approved to authorize the sale and issuance of refunding bonds with lower interest rates which would save money for community property owners. Government Financial Strategies will present the results of the Measure I: General Obligation Bonds sale that occurred on April 3, 2024.
Funding:
Recommendation:
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:
Kristi Schwiebert - Superintendent