Title
Court Facilities | Lease Revenue Bond Issuance, Fall 2019 and Spring 2020
body
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 2019 and spring 2020, 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 2019 and spring 2020. However, a refunding of existing bonds was completed by the SPWB, and two new interim loans, and five renewals of interim loans were approved so that construction on capital outlay projects could begin.