About this bond issuance
The Bonds are being issued to finance specific school facility construction, repair, improvement, and modernization projects.
AuthorityBefore an issuer can raise money for a project, they must first have the legal authority to do so. This authority is sometimes preceded by a general election, and awarded after the successful passing of a bond measure.
The Series 2016A Bonds are being issued by the District pursuant to the State of California (the "State") Constitution and State laws, including Article 4.5 of Chapter 3 of Part 1 of Division 2 of Title 5 of the State Government Code (the "Government Code"), applicable provisions of the State Education Code (the "Education Code") and other applicable provisions of law.