Agenda Item
Meeting Date: 4/18/2017 - 7:00 PM
Category: Other Action Items
Type: Info/Action
Subject: (Item OAI-3) Resolution 2017-31 - Board of Education of the Lodi Unified School District Prescribing the Terms and Authorizing the Issuance of the Election, Series 2017 Bonds (Mr. Hern) This action will approve forms of and authorize the execution and delivery of a paying agent agreement, a bond purchase agreement, a continuing disclosure certificate, and an official statement; authorize distribution of the official statement; and authorize execution of necessary certificates.
:
Goal D
Enclosure: Resolution 2017-31
Continuing Disclosure Certificate
Paying Agent Agreement
Bond Purchase Agreement
Preliminary Official Statement
File Attachment:
Resolution 2017-31.pdf
Continuing Disclosure Certificate.pdf
Paying Agent Agreement.pdf
Bond Purchase Agreement.pdf
Preliminary Official Statement.pdf
Summary: The District plans to issue the first series of Measure U bonds. The proceeds will be used to modernize, replace, renovate, construct, acquire and rebuild school facilities as described in the project list associated with Measure U.
Funding: The preliminary amount to be issued is $80 million.
Recommendation: It is recommended that the Board of Education adopt Resolution 2017-31.
Approvals:
Recommended By:
Signed By:
Maria Fong - Controller
Signed By:
Tim Hern - Assoc. Superintendent/Chief Business Officer
Signed By:
Cathy Washer - Superintendent