Through Board direction, bond counsel, and staff collaboration, a draft of the board resolution for a proposed Facilities General Obligation bond to be placed on the June 7, 2022, primary election ballot is presented for review. Ballot language is included in this draft resolution as Exhibit A.
The resolution language also includes Exhibit B, which contains a Project List that details the types of projects to be funded in this measure. The resolution states the bond amount would be $298,000,000, and only projects identified in Exhibit B may be paid for with such funds.
Attached to this item is Option #3, as approved by the Board at their January 25, 2022 meeting as an update to the Facilities Master Plan.
David Casnocha, Attorney at Stradling Yocca Carlson & Rauth, the District's bond counsel, will present the draft resolution for discussion and direction. The final resolution will return on February 17 for action.