ceres-unified-report-2024-02-22_42b.pdf
District Continues General Obligation Bond Payments
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Description
Ceres Unified carries $8 million in General Obligation Bonds to fund district capital improvements, with annual payments supported by property taxes over 27 years.
Contract Details
Contract Amount
8,035,000
Vendor
GENERAL OBLIGATION BONDS
Agency
Ceres Unified, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 22, 2024
Contract Term
27 years remaining
Renewal Date
2051-06-30
Renewal Info
Fixed-term bonds with 27 years left; not renewable; paid until maturity.
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