Title
County Counsel recommending adoption of Resolution authorizing the Buckeye Union School District to issue and sell a series of general obligation bonds in an amount not to exceed $11,900,000 on its own behalf as approved by the voters on November 7, 2006.
RECOMMENDED ACTION: Adopt Resolution 128-2008.
Body
Recommendation: Staff recommends that the Board of Supervisors adopt the attached resolution authorizing the Buckeye Union School District to issue and sell, on its own behalf up to $11,900,000 of general obligation bonds which were authorized by the voters of the District on November 7, 2006
Fiscal Impact/Change to Net County Cost: None.
Action to be taken following Board approval: The County Auditor-Controller and Treasurer-Tax Collector will work with the District to ensure proper collection and disbursement of taxes approved by the voters to fund the bonds.
Contact: Louis B. Green