File #: File ID 11177    Version: 1 Name:
Type: Addendum Status: Approved
File created: 1/15/2020 In control: County Administrator
On agenda: 1/21/2020 Final action: 1/21/2020
Title: Authorization to Loan $1,800,000.00 to the Catalina Foothills Unified School District No. 16 Staff recommends the Board of Supervisors authorize the Finance and Risk Management Director to enter into a short-term, interest free loan document with a one year payback with the Catalina Foothills Unified School District No. 16 to temporarily cover the levy shortfall of $1.8 million.
Attachments: 1. CA_CatalinaFoothillsUnifiedSchoolDistrict

Title

Authorization to Loan $1,800,000.00 to the Catalina Foothills Unified School District No. 16

Staff recommends the Board of Supervisors authorize the Finance and Risk Management Director to enter into a short-term, interest free loan document with a one year payback with the Catalina Foothills Unified School District No. 16 to temporarily cover the levy shortfall of $1.8 million.