Agenda Item
Meeting Date: 6/11/2018 - 7:00 PM
Category: Business/Action Item
Type: Info
Subject: 17.10 Resolution No. 17/18-54 of the Board of Education of the Mt. Diablo Unified School District, Authorizing the Issuance and Sale of its 2018 Certificates of Participation, not to Exceed Twenty Million Dollars
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: Attachment Pulled: Mt. Diablo Voter Survey Results Presentation Dale Scott
District Board Resolution 17/18-55
Trust Agreement (draft)
Site Lease (draft)
Lease Agreement (draft)
Assignment Agreement (draft)
Purchase Agreement Mt. Diablo Certificates of Participation (draft)
File Attachment:
District Board Resolution 17_18-55.pdf
Trust Agmt.pdf
Site Lease.pdf
Lease Agmt.pdf
Assignment Agmt.pdf
PurchaseAgreement-MtDiabloCOP-5.22.18.pdf
Summary: Consideration of a Resolution authorizing the issuance of Certificates of Participation (“COPs”) for the purpose of funding facilities projects throughout the District. The COPs will be repaid by excess special tax revenues, from Measure A, currently being received by the District.
Funding:
Fiscal Impact
Recommendation: This item is being presented for information and will return to the Board for approval on June 25, 2018.
Approvals:
Recommended By:
Signed By:
Debbie Maher - Sr. Administrative Executive Assistant to the Superintendent
Signed By:
Rose Ramos - Chief Business Officer
Signed By:
Dr. Nellie Meyer - Superintendent