mountain-elementary-district-certification-of-interim-report_d89.pdf
General Obligation Bond Payments to County of Santa Cruz
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Description
Mountain Elementary School District continues annual payments on general obligation bonds managed by the County of Santa Cruz, totaling $2,140,000 in principal with $94,406 due annually. This long-term financial obligation is repaid through property tax collections over a 25-year term.
Contract Details
Contract Amount
$2,140,000
Vendor
COUNTY OF SC
Agency
Mountain Elementary, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 14, 2023
Contract Term
25 years
Renewal Date
2048-06-30
Renewal Info
Ongoing bond payments; annual payment schedule. No increase in annual payment over prior year and no new obligation added for this fiscal period.
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ONGOINGmountain-elementary-2023-24-budget-report_d84.pdf
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mountain-elementary-second-interim-district-certification-report-2024-25_ed1.pdf
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