mount-pleasant-elementary-resolution-2023-06-28_64c.pdf
District May Purchase Municipal Bond Insurance
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Description
The District Board authorized the purchase of municipal bond insurance for the Series B General Obligation Bonds if deemed advantageous. Selection of a bond insurer, if any, will occur during the bond sale process.
Contract Details
Vendor
BOND INSURER
Agency
Mount Pleasant Elementary, CA
Contract Type
INSURANCE
Document Date
June 28, 2023
Contract Term
Only if bond insurance is purchased; for the term of the insured bonds, generally until maturity or redemption
Renewal Date
2053-08-01
Renewal Info
If purchased, insurance coverage remains until bonds are fully paid or redeemed. Insurer selection and policy terms will be finalized upon execution.
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