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Fontana Unified School District

Fontana Unified School District. BAN Repayment Options. Option 1. Extend BAN Payoff for 2 years Bond Referendum (2013). Option 2. Pay down Series A debt w/ Bond Funds Refinance Series A Issue $93M in Bonds Issue $11.7M in COPs. Option 3. Repay $48M with issuance of COPs. Option 4.

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Fontana Unified School District

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  1. Fontana Unified School District BAN Repayment Options

  2. Option 1 • Extend BAN Payoff for 2 years • Bond Referendum (2013)

  3. Option 2 • Pay down Series A debt w/ Bond Funds • Refinance Series A • Issue $93M in Bonds • Issue $11.7M in COPs

  4. Option 3 • Repay $48M with issuance of COPs

  5. Option 4 • Repay issue with $48M in Bonds • Refinance Series A

  6. Question?

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