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Orange County adopts final financing resolution for spring bond issuance totaling about $72 million

3413755 · May 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Orange County Board of Commissioners approved a final financing resolution on May 20 to proceed with a spring 2025 bond issuance of about $72 million, including roughly $52 million for school projects.

Orange County’s Board of Commissioners approved a final financing resolution on May 20 to proceed with a spring 2025 bond issuance that county staff said would total about $72 million, with roughly $52 million earmarked for school projects.

County financial adviser presentations: County finance staff described the financing as the second step in the spring borrowing process. County staff reported the bond package sizing had been adjusted downward from an earlier not‑to‑exceed figure and noted that the projects listed in the packet were supported by invoices and purchase orders. The county’s financing adviser told the board the amortization schedule matches project useful lives and that staff…

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