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Meeting Date:
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Category:
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Type:
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Subject:
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11.18 BUSINESS: Resolution No. 05:19-20 - Authorizing the Payment of the 2019 Certificates of Participation By Wire Transfer of Funds (no fiscal impact) |
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Strategic Plan:
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Enclosure:
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File Attachment:
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Summary:
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During the fiscal year, the District requests semi-annual electronic wire transfers for the debt service payment of the 2019 Certificates of Participation (COPs). The debt service payments (principal and/or interest) for the COPs must be sent from the Riverside County Office of Education to the District Trustee via an electronic wire transfer. |
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Funding:
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Recommendation
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It is recommended that the Board of Trustees approve Resolution No. 05:19-20 Authorizing the Payment of the 2019 Certificates of Participation by Wire Transfer of Funds. |
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Approvals:
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Recommended By: |
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Signed By: |
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Alisha Fogerty - Director of Fiscal Services |
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Signed By: |
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Candace Reines - Deputy Superintendent |
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Signed By: |
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Grant Bennett - Superintendent |
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Vote Results:
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| Original Motion | | Member Anthony T. Stafford, Sr. Moved, Member Dr. Randall Freeman seconded to approve the Original motion 'It is recommended that the Board of Trustees approve Resolution No. 05:19-20 Authorizing the Payment of the 2019 Certificates of Participation by Wire Transfer of Funds.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Dr. Randall Freeman | Yes | | Edward Garcia, Jr. | Yes | | Anthony T. Stafford, Sr. | Yes | | David Nelissen | Yes | | Dr. Jose Luis Araux | Yes | |
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