District news
Board to authorize sale and issuance of Measure C Series A bonds
What happened
A resolution (2026-41) on the September 8 agenda would prescribe terms and authorize the sale and issuance of Measure C general obligation bonds, Series A, including a paying agent agreement, bond purchase agreement, continuing disclosure certificate, and preliminary official statement.
Why it matters to families
This action would formally launch the sale of general obligation bonds financing the district's facilities program, committing the district to specific debt terms and repayment obligations funded by local property taxes.
The evidence
Agenda item 10.07: 'Resolution 2026-41 - Prescribing the Terms and Authorizing Sale and Issuance of Bonds - Measure C - Series A' with attached bond purchase agreement, paying agent agreement, continuing disclosure certificate, and preliminary official statement.
The source
2026-09-08 Board agendaSee the full record for Franklin-McKinley Elementary School District.
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