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Board hears bond timeline and summer facilities update; deferred-maintenance fund cited

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Summary

District staff briefed trustees on simultaneous financial actions related to refunding Measure I and the initial sale of Measure B; facilities staff outlined summer projects funded through state matching and deferred maintenance funds.

Atascadero Unified staff on April 1 updated the board on a timeline for bond-related financial activity and a slate of summer facilities projects that will proceed using state matching funds and the district's deferred-maintenance allocation.

Kendall (district finance) described a plan to pursue a ratings presentation with Dale Scott and company this week to support both refunding Measure I (approved in 2010 and fully expended) and the initial sale of Measure B series A (approved by voters in November). The district has not set the amount for the series-A…

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