Note that Article 13A, Section 1 of the California Constitution restricts how a community college district can spend borrowed money obtained through
bond sales authorized through ballot measures approved by 55 % of the voters under the criteria of Proposition 39 (2000).
Not exact matches
The Glenview Park District in September
authorized the
sale of $ 16.5 million in
bonds to finance the center.
The SMART SCHOOLS
BOND ACT OF 2014, as set forth in section one of part B of chapter 56 of the laws of 2014,
authorizes the
sale of state
bonds of up to two billion dollars ($ 2,000,000,000) to provide access to classroom technology and high - speed internet connectivity to equalize opportunities for children to learn.
In the three years since, lawmakers have
authorized $ 1.54 billion in
bond sales for the program.
According to the report by the Education Commission of the States, 12 states — Colorado, Connecticut, Delaware, Illinois, Iowa, Kentucky, Missouri, North Carolina, North Dakota, Rhode Island, Virginia, and Washington — have
authorized the
sale of such
bonds as a way of helping parents save for their children's college education.
An election will be held in the Plumas Lake Elementary School District (the «District») on June 5, 2018, to
authorize the
sale of up to $ 20 million in
bonds of the District for the specific school facilities projects described in the
bond measure.
As required by the California Constitution, the proceeds from the
sale of the
bonds will be used only for the purposes
authorized under Article XIIIA of the California Constitution, including acquisition or improvement of real property for school facilities, as more specifically set forth in this
Bond Measure, and costs incident thereto.
No Teacher or Administrator Salaries: Proceeds from the
sale of the
bonds authorized by this proposition shall be used only for the acquisition, construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, and not for any other purpose, including teacher and school administrator salariesLawyer Trick!Another new twist on lawyers trying to get you to approve changing the prohibition in the Constitution on the use of
bond funds for administrator salaries.
Proposition 51, which would
authorize the
sale of some $ 9 billion in
bonds to support classroom construction and modernization, was winning with 54 percent in favor and 46 percent opposed.
The Oregon Legislature this year
authorized the
sale of $ 123 million in state - backed general obligation
bonds to fund a new School Capital Improvement Matching Program to help stretch local dollars and address urgent school facility needs across the state.
MELA or FAME Student Loan Revenue
Bonds described in a Preliminary Official Statement may be offered, if at all, and may be sold, only by means of a final Official Statement provided by broker - dealers
authorized and properly registered and licensed to make such offers and
sales, and will be made only in accordance with applicable federal and state securities laws.
The Golden State recently passed legislation
authorizing the
sale of $ 2.7 billion in
bonds that will be used to fund the fastest train in the nation as well as the largest public infrastructure project.