1. BOND SALE TIMELINE
On June 23, 2009 the Board of Trustees approved the District to issue the Measure Z bonds.
Approval from Riverside County received on July 28, 2009.
Since then the District was selected to receive Qualified School Construction Bonds (QSCB).
Now the Board of Trustees will need to re-approve the Bond Issuance at the October 13th Board. Then the Riverside County Board will need to reapprove the Bond issuance.
Bond rating meeting with Moody’s and Standard & Poor’s on September 11, 2009 in San Francisco
Preliminary Official Statement (POS) to be presented for Board approval on November 9, 2009
Anticipated sale of the first issuance of Measure Z bond money, in the amount of $20 million is anticipated as a November or December sale.