Grover Beach City 2014 Road Bond
Full Name
Grover Beach City 2014 Road Bond
Tax Bill Abbreviation
GB 2014 ROAD BOND
Type
Bond
Election Year
2014
Description
On November 4, 2014, voters approved Measure K-14, the Grover Beach Street Rehabilitation; Safety Improvement Bond Measure. In approving the measure, the City was authorized to issue up to $48 million in bonds to fund street rehabilitation and repair. Formation of an independent audit/citizen oversight committee was also approved with the passage of Measure K-14.
Total Amount Approved by Voters
$48,000,000 (68.02% of Voters)
Amount Issued
$38,000,000
Total Principal Amount Outstanding
$33,550,000
Current Fiscal Year Tax Rate
0.09000
Scheduled Final Payment Date (subject to change)
09/01/2047
Contact Information
County Auditor-Controller
(805) 788-2968