Title
Court Facilities | Lease-Revenue Bond Issuance, Fall 2024 and Spring 2025
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Summary
The Administrative Director presents this report on actions taken by the State Public Works Board in fall 2024 and spring 2025 to fund court facilities projects. New lease-revenue bonds were issued for two capital outlay projects, existing bonds were refunded for one project to improve the financial terms, and interim loans were issued for four projects in construction. All actions were authorized and directed by the Judicial Council to support the development and maintenance of court facilities.