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Pomona Unified board approves up to $100 million Measure UU bond issuance; study session set to prioritize projects
Summary
The Pomona Unified School District board voted to authorize sale of up to $100 million in Measure UU general obligation bonds (Series A). The district will present a prioritized list of repairs and program needs at an Aug. 15 study session; closing for the financing is targeted for Sept. 24.
The Pomona Unified School District Board of Education voted to authorize the issuance and sale of general obligation bonds (Measure UU, Series A) in an amount not to exceed $100,000,000.
The 4-1 vote followed questions from trustees about how the district would prioritize repairs and program needs once bond proceeds are available. Superintendent Darren Knowles said the board will review a recommended priority list at a study session scheduled for Aug. 15 and that the district’s financial adviser will…
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