HomeMy WebLinkAboutMINUTES - 08252009 - C.96RECOMMENDATION(S):
ADOPT Resolution No. 2009/324 authorizing, on behalf of John Swett Unified School
District, the sale and issuance of General Obligation Bonds, Election of 2008, Series A, in a
principal amount not to exceed $20,000,000.
FISCAL IMPACT:
There is no fiscal impact to the County.
BACKGROUND:
Under state law, the Contra Costa County Board of Supervisors is required to authorize the
sale and issuance of General Obligation bonds for school districts within the County. No
financial obligation is assumed with these authorizations.
The School District is issuing these bonds on authority granted by voter approval on
November 4, 2008.
APPROVE OTHER
RECOMMENDATION OF CNTY
ADMINISTRATOR
RECOMMENDATION OF BOARD
COMMITTEE
Action of Board On: 08/25/2009 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:Gayle B. Uilkema, District II Supervisor
Mary N. Piepho, District III Supervisor
Susan A. Bonilla, District IV Supervisor
Federal D. Glover, District V Supervisor
Contact: Lisa Driscoll, County
Finance Director, 925-335-1023
I hereby certify that this is a true and correct copy of an action taken and entered
on the minutes of the Board of Supervisors on the date shown.
ATTESTED: August 25, 2009
David J. Twa, County Administrator and Clerk of the Board
of Supervisors
By: June McHuen, Deputy
cc: Brice Bins, Bill Pollacek, Lisa Driscoll, Samuel Santana, Miller Brown & Daniels
C. 96
To:Board of Supervisors
From:David Twa, County Administrator
Date:August 25, 2009
Contra
Costa
County
Subject:Johh Swett Unified School District General Obligation Bonds
CONSEQUENCE OF NEGATIVE ACTION:
Without the Contra Costa County Board of Supervisors authorization, the School District
would not be able to issue the bonds, thereby delaying or preventing the implementation
of projects approved by voters.
CHILDREN'S IMPACT STATEMENT:
ATTACHMENTS
Resolution No. 2009/324
Body of Resolution 2009/324
John Swett District Resolution