Publish Date: Jan 18, 2016
**PRESS CONFERENCE**
Salinas, CA – At the January 12, 2016 Governing Board meeting, Superintendent/President, Dr. Willard Lewallen delivered great news!
On December 22, 2015, the Hartnell Community College District (“District”) successfully issued a financing (“2015 Refunding Bonds”) that refinanced $94,840,985 of the general obligation bonds that voters approved in 2002 for Measure H to finance the acquisition, construction, reconstruction, and modernization of the District’s facilities. Join us Tuesday for the unveiling of the millions in savings for the taxpayers. Media and community are invited to:
**PRESS CONFERENCE**
Tuesday, January 19, 2016
1:00 p.m.
411 Central Avenue
Student Services, Building B, Room 208
Salinas, CA 93901
Speakers will include:
- Erica Padilla-Chavez, President of the Hartnell CCD Board of Trustees
- Dr. Deneen Guss, Chair of the Citizens' Oversight Committee for Measure H and Deputy Superintendent for Monterey County Office of Education
- Dr. Willard Lewallen, Superintendent/President of Hartnell CCD
“We are forever grateful for the support of the community in passing Measure H in 2002. The funds from Measure H have resulted in the transformation of education facilities throughout the Hartnell Community College District,” said Dr. Lewallen. “Saving the taxpayers millions of dollars through this refunding is our way of demonstrating that we are good stewards of the resources entrusted to us by the taxpayers.”
The 2015 General Obligation Refunding Bonds were sold with an average interest rate of 4.25% with the final maturity of 2049.
Hartnell Community College District
The Hartnell CCD serves over 16,000 students annually through its main campus in Salinas, the Alisal Campus in East Salinas, the King City Education Center, and various outreach learning centers throughout the Salinas Valley. Hartnell College, a Hispanic Serving Institution, provides workforce training, basic skills courses, and prepares students for transfer to four-year colleges and universities. Hartnell College is recognized for its innovative public and private partnerships that support world class STEM education, career technical education, fine and performing arts, humanities, and athletics. We are growing leaders through opportunity, engagement, and achievement. For more about Hartnell CCD, visit www.hartnell.edu.
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