Mt. Diablo schools close to issuing voter-approved bonds
Posted: 08/11/2010 02:44:04 PM PDT
Updated: 08/11/2010 03:43:56 PM PDT
CONCORD -- Next month, the Mt. Diablo school district expects to issue nearly one-third of the bonds that voters approved in June to pay for solar projects and other facility improvements.
The school board on Tuesday unanimously authorized the issuance of $110 million of the district's $348 million in Measure C bonds in the fall. Financial consultant Jon Isom said he expects the money to be deposited into the district's construction account by the end of September.
He said the total cost of the bonds may be less than his original $1.8 billion maximum estimate, which spanned