HomeMy WebLinkAboutMINUTES - 03252014 - C.94RECOMMENDATION(S):
ADOPT Resolution No. 2014/73 authorizing the issuance and sale of "Pittsburg Unified School District General
Obligation Refunding Bonds" by Pittsburg Unified School District on its own behalf pursuant to Section 53550 et
seq. 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 Refunding Bonds, as allowed by
Government Code section 53550 et seq. The refunding bonds will be sold to refund outstanding 2004 Series A and
2005 bonds currently outstanding. The Board of Supervisors is being request to authorize the issuance of the
refunding bonds by the District.
The District adopted a resolution on March 12, 2014 authorizing the sale and issuance of the refunding bonds
(attached).
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 03/25/2014 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Candace Andersen, District II
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Mary N. Piepho, District III
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: March 25, 2014
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Stephanie L. Mello, Deputy
cc:
C. 94
To:Board of Supervisors
From:David Twa, County Administrator
Date:March 25, 2014
Contra
Costa
County
Subject:PITTSBURG UNIFIED SCHOOL DISTRICT 2014 GENERAL OBLIGATION REFUNDING BONDS
CONSEQUENCE OF NEGATIVE ACTION:
Without the Contra Costa County Board of Supervisors authorization, the School District would not be able to
issue the refunding bonds.
CHILDREN'S IMPACT STATEMENT:
No impact.
ATTACHMENTS
Resolution No. 2014/73
Body of Resolution No. 2014/73
District Resolution