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Court Facilities | Lease Revenue Bond Issuance, Fall 2018 and Spring 2019
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Summary
The Administrative Director presents this report on actions taken in connection with lease-revenue bonds issued by the State Public Works Board (SPWB) in fall 2018 and spring 2019, for the financing of court facilities projects as authorized and directed by the Judicial Council. No new lease-revenue bonds were issued by the SPWB on behalf of the Judicial Council in fall 2018 and spring 2019. As reported previously in fall 2018, there are five projects for which interim loans were issued to start construction with payback from funds generated in a future bond sale.