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County Counsel recommending adoption of Resolution 005-2009 authorizing the Lake Tahoe Unified School District to issue and sell, on its own behalf, up to $20,000,000 of general obligation bonds which were authorized by the voters of the District on November 4, 2008.
RECOMMENDED ACTION: Approve.
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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