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MDUSD board approves up to $40 million COP financing, selects eight‑year structure
Summary
The Mount Diablo Unified School District Board of Education voted unanimously on Nov. 12 to approve the issuance of 2026 certificates of participation for up to $40 million, selecting an eight‑year repayment structure.
The Mount Diablo Unified School District Board of Education voted unanimously on Nov. 12 to approve a resolution authorizing the issuance and sale of 2026 certificates of participation (COPs) not to exceed $40,000,000, adopting the board’s recommended option C, an eight‑year repayment structure.
District chief financial staff and outside advisors told trustees the proposed COP would supplement ongoing modernization projects and fund specific priorities including athletic facilities at College Park High School, an aquatic center replacement at Pleasant Hill Middle School, roofing work at…
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