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202043 CLARKSTON SCHOOL DISTRICT NO. J250-185 ASOTIN, GARFIELD AND WHITMAN COUNTIES, WASHINGTON NOTICE OF INTENT TO ISSUE A LIMITED GENERAL OBLIGATION BOND AND CONDUCT A PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Board of Directors (the "Board") of Clarkston School District No. J250-185, Asotin, Garfield and Whitman Counties, Washington (the "District") intends to issue a non-voted limited general obligation bond (the "Bond") pursuant to RCW 28A.530.080 and will hold a public hearing for the purpose of hearing comments from the public on the proposed issuance of the Bond. The public hearing will be conducted during the regular Board meeting on August 25, 2025, starting at 6:00 P.M., or as soon thereafter as possible, in the Educator Support Center, located at 1294 Chestnut Street, Clarkston, Washington 99403. The proposed Bond will be issued as a limited general obligation bond; will be in the principal amount of not to exceed $2,530,000; will be dated its date of delivery; will be issued only in fully registered form; will bear interest at the rate(s) to be determined based on market conditions; will mature within three (3) years of the date of issue; may be subject to prepayment prior to maturity of the Bond; will be issued and sold in such manner and at such time as will be required for the purpose for which the Bond is to be issued; and will include other related terms and conditions, all as determined necessary and advisable by the Board. The exact date, form, terms, price, interest rate(s), maturity date, purchaser and repayment schedule of the Bond will be hereafter fixed by resolution of the Board. The proceeds of the Bond will be used to pay costs to: (a) make District-wide infrastructure, safety and health improvements; and (b) carry out other purposes authorized by RCW 28A.530.080. The principal of and interest on the Bond will be paid from money from the District's Capital Projects Fund and General Fund, and from other legally available money of the District. Tax proceeds received from the District's Capital Levy for Infrastructure, Safety and Health Improvements, approved by the voters on April 23, 2024, will be used to pay principal of the Bond. Any person wishing to be heard on the proposed issuance of the Bond should appear at the public hearing and present their views. Alternatively, or in addition, such interested persons may submit their views on the proposed issuance of the Bond in writing and deliver them to: Dani Lynas, Executive Director of Financial Services via email at lynasd@csdk12.org, or regular mail, 1294 Chestnut Street, Clarkston, Washington 99403, by August 22, 2025. A Zoom option will be available for those who are unable to attend in person. Zoom Link: https://us02web.zoom.us/j/89548972642 or by phone: 1 206 337 9723 Meeting ID: 895 4897 2642 CLARKSTON SCHOOL DISTRICT NO. J250-185 ASOTIN, GARFIELD AND WHITMAN COUNTIES, WASHINGTON /s/ Thaynan Knowlton Superintendent and Secretary to the Board of Directors
Post Date: 08/10 12:00 AM
Refcode: #152060 
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