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RIO SCHOOL DISTRICT RESOLUTION #1920/49 AUTHORIZATION OF PUBLIC SALE OF 2715 EAST VINEYARD AVENUE PROPERTY AND ESTABLISHING POLICY AND PROCEDURES FOR RECEIPT OF PROPOSALS FOR PURCHASE, LEASE, OR EXCHANGE

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What is measure l general obligation?

Measure L is a general obligation bond measure that allows local governments to fund public projects such as schools, infrastructure, and community facilities through the issuance of bonds, which must be repaid through property taxes.

Who is required to file measure l general obligation?

Entities such as local government agencies and school districts that intend to issue general obligation bonds must file Measure L general obligation.

How to fill out measure l general obligation?

To fill out Measure L general obligation, you must complete the appropriate forms provided by your local government or relevant authority, including financial disclosures, project descriptions, and estimated tax impacts.

What is the purpose of measure l general obligation?

The purpose of Measure L general obligation is to secure funding for essential public projects that benefit the community, thereby enhancing infrastructure, education, and public safety.

What information must be reported on measure l general obligation?

The information that must be reported includes the amount of bonds to be issued, the intended use of funds, projected tax rates for repayment, and compliance with local and state regulations.

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