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Board hears Measure G bond advisor presentation on $35M Series A issuance; trustees asked to authorize sale documents
Summary
The district’s bond advisor outlined how the district would issue Series A bonds (up to $35 million) as part of the voter-approved $105 million Measure G program, described timing, rating, sale method and options to accelerate receipts; staff asked trustees to authorize documents to proceed when market conditions align.
Oakdale Joint Unified School District trustees heard a detailed presentation from the district’s bond advisor, who reviewed the mechanics and timeline for issuing the district’s first series of Measure G general obligation bonds.
The advisor said voters approved Measure G with an authorization totaling $105,000,000 and that the current resolution before the board would authorize a not‑to‑exceed issuance of roughly $35,000,000 for Series A to fund capital facility projects. The advisor described the factors that affect bond…
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