Gravenstein Union School District Board Meeting Agenda May 12 2026
Board to Approve GO Bond Refunding with Eastshore
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Description
The board will consider Resolution #260512-01 with Eastshore Consulting to authorize up to $5.8 million in 2026 Refunding General Obligation Bonds. The transaction will refinance the district’s 2012 bonds for taxpayer savings, with issuance costs paid from bond proceeds.
Contract Details
Contract Amount
Not to exceed $5,800,000 (bond principal)
Vendor
EASTSHORE CONSULTING
Agency
Gravenstein Union Elementary, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
2026 refunding bond issuance; term not to exceed original 2012 bonds term
Renewal Info
Refunding bonds will not extend the final term beyond that of the original 2012 Election bonds.
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