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.

City of Grover Beach Street Bonds (Measure K-14)

Total Amount Approved by Voters

$48,000,000

Amount Issued

$13,000,000

Total Principal Amount Outstanding

$12,890,000

Current Fiscal Year Tax Rate

0.05135%

Scheduled Final Payment Date (subject to change)

09/01/2041

Contact Information

County Auditor-Controller
(805) 788-2968