HomeMy WebLinkAboutMINUTES - 06282011 - C.111RECOMMENDATION(S):
ADOPT Resolution No. 2011/235 authorizing the the issuance and sale of "Pittsburg
Unified School District General Obligation Bonds, Election of 2006, Series C (2011)" by
the Pittsburg Unified School District on it's own behalf pursuant to Sections 15140 and
15146 of the Education Code, as permitted by Section 53508.7(c) of the Government Code.
FISCAL IMPACT:
There is no fiscal impact to the County.
BACKGROUND:
The Pittsburg Unified School District intends to issue General Obligation bonds to fund
capital improvements throughout the District. The District has requested that the Board of
Supervisors adopt a resolution authorizing the direct issuance and sale of bonds by the
District on it's own behalf as authorized by Section 15140(b) of the Education Code.
The District adopted a resolution on June 22, 2011 authorizing the sale and issuance of the
bonds (attached). This issuance was approved by the voters
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 06/28/2011 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Gayle B. Uilkema, District II
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
Contact: Timothy Ewell,
925-335-1036
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: June 28, 2011
David Twa, County Administrator and Clerk of the Board of Supervisors
By: June McHuen, Deputy
cc:
C.111
To:Board of Supervisors
From:David Twa, County Administrator
Date:June 28, 2011
Contra
Costa
County
Subject:PITTSBURG UNIFIED SCHOOL DISTRICT GENERAL OBLIGATION BONDS, ELECTION OF 2006,
SERIES C (2011)
BACKGROUND: (CONT'D)
as part of a bond proposition listed on the November 7, 2006 ballot.
CONSEQUENCE OF NEGATIVE ACTION:
Without the Contra Costa County Board of Supervisors authorization, the School District
would not be able to issue the bonds.
CHILDREN'S IMPACT STATEMENT:
Certain capital projects within the Pittsburg Unified School District will not be completed.
ATTACHMENTS
Resolution No. 2011/235
Resolution No. 2011/235
District Resolution