Measure U » Measure U

Measure U

Measure U was passed in November, 2012 to reauthorize the remaining $49 million of Measure T’s authorization.


The first series of Measure U Bonds (Series A) of $49 million was issued May 5, 2015.  The 2010 Bond Anticipation Note (QCSB) was due July 1, 2015 and was paid with Measure U bond proceeds.  The remaining proceeds will be spent on construction, reconstruction, rehabilitation or replacement of school facilities including furnishings and equipping of school facilities on acquisition or lease of real property for school facilities as identified in the projects list of Resolution Number 1608 of the Hemet Unified School District.

 

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