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Financial advisor outlines Measure H bond issuance steps, estimates first series up to $28 million
Summary
A representative from CFW briefed the board on the certified Measure H Proposition 39 bond, explaining the multi‑series issuance process, estimated timing and factors that will affect how much of the bond authorization can be sold in the first series.
Kush, a representative of financial adviser CFW, briefed the Southern Kern Unified School District Board of Trustees on next steps to issue the Measure H general obligation bond the voters approved in November.
"Congratulations on the passage of the Measure H Bond," Kush said. He explained the typical steps: board consideration of a proposed bond structure and resolutions to authorize a sale, obtaining a credit rating, circulating a preliminary official statement to investors, pricing the bonds and closing the…
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