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Newspaper Archive of
Cloverdale Reveille
Cloverdale, California
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August 22, 2019     Cloverdale Reveille
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August 22, 2019
 

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www.cioverdalereveille.com August 22, 2019 The Cloverdale Reveille Page 9 in one General obligation, facilities leasing and a rice waste plant among the listed bonds By Heather Bailey Refunding Bonds, Staff Writer approximately $800 million. heather@sonomawest.com Proceeds will provide permanent financing for In a statement on Aug. 16, projects funded with State Treasurer Fiona Ma commercial paper notes and announced the upcoming refinance previously issued sales of seven bond issues bonds at lower interest cost. totaling approximately $5.16 Week of Dec. 2: IBank, billion, and an additional California State Teachers' Green Bond sale for $73.7 Retirement System million. The sales begin Sept. (CalSTRS) Headquarters 5 with $2.3 billion of General Expansion Lease Revenue Obligation bonds. Bonds, Series 2019 (Green "Significant portions of Bonds), approximately $300 these General Obligation million. Proceeds will fund bond sales will be used to the acquisition, design, finance older debt at today's construction and equipping lower rates," Ma said in a of an expansion to the statement. "This will save CalSTRS headquarters taxpayers money and free up facility in West Sacramento. resources for other More information about important projects and the upcoming fall bond sales programs." can be found at The funding, she added, BuyCalfforniaBonds.com. will also provide support for The bond issuances a range of vital described above (including infrastructure projects the amounts and timing across the state, thereof) are preliminary and According to the subject to change or statement, the schedule of cancellation based on market fall bond sales includes: conditions or other factors as Sept. 5: Various Purpose determined by the state General Obligation Bonds treasurer. and Various Purpose In addition, a $73.7 million General Obligation tax-exempt green bond has Refunding Bonds, been issued for CalPlant I, a approximately $2.3 billion, company that will turn rice Proceeds will provide straw into medium density funding for Prop 51 (the fiberboard at its Willows Kindergarten through plant in the Sacramento Community College Public Valley, according to a Education Facilities Bond statement from Ma. The Act of 2016) and refinance fiberboard can be used in previously issued bonds, manufacturing flooring, Sept. 17: State Public furniture, doors, shelves and Works Board Lease Revenue other products. Refunding Bonds, 2019 Series According to the B, approximately $60 million, statement, the plant, Proceeds will refinance scheduled to open later this previously issued bonds to year, is expected to employ reduce interest costs. 115 full time workers and an Week of Oct. 14: Federally additional 450 part-time Taxable Various Purpose workers during the harvest General Obligation Bonds season, from September and Various Purpose through November. It will General Obligation also support 325 construction Refunding Bonds, jobs as this first-of-a-kind approximately $800 million, project is being built. Proceeds will provide Rice straw is a waste funding for projects and product created when programs under various approximately 500,000 acres bond acts and refinance of rice is grown and previously issued bonds, harvested in California each providing permanent year. Currently, according to financing for projects funded the treasurer's office, much with commercial paper of rice straw is eliminated by notes, flooding fields and allowing Week of Oct. 28: State the straw to decompose, Public Works Board Lease which releases methane gas. Revenue Bonds, 2019 Series The new plant will avoid that C, approximately $400 process for about 275,000 tons million. Proceeds will annually and save an provide funding for two (2) estimated 17.8 billion gallons projects: Department of of water and prevent about Forestry and Fire (CalFire) 57,000 tons of methane, a Academy to construct greenhouse gas, from being dormitory authority building released into the and expand mess hall. atmosphere. Department of Corrections The bond sale was and Rehabilitation (CDCR): authorized by the California (1) Riverside County Jail Pollution Control Financing Project; (2) Santa Barbara Authority (CPCFA), which is County Jail Project; (3) chaired by Ma. Tulare County Jail Project; "This project is (4) Sutter County Jail overflowing with benefits," Project; and (5) various Treasurer Ma said in a CDCR Health Care Facility statement. "It's a massive Improvement Program recycling effort that will projects, assist rice growers, improve Nov. 6: California Health the environment by saving Facilities Financing water, reduce greenhouse Authority: No Place Like gases, produce high quality Home Program Senior fiberboard for construction Revenue Bonds (Social and renovation, and support Bonds- Federally Taxable), much needed jobs in this approximately $500 million, rural community." Proceeds will provide According to the funding to the Department of statement, CalPlant 1 self- Housing and Community certified the bonds as green Development's No Place Like bonds because they are Home Program, which aids consistent with the Green in the acquisition, design, Bond Principles adopted by construction, rehabilitation, the International Capital preservation and operation Market Association. of permanent and supportive The 300,000-square-foot housing for persons who are plant will recycle straw from experiencing homelessness, up to 100,000 acres annually. chronic homelessness or who It will produce ll2-million- are at risk of chronic square feet of medium homelessness, and who are density fiberboard (MDF) in need of mental health using a patented method of services, production that meets, or Week of Nov. 11: Various exceeds, the American Purpose General Obligation National Standards Bonds and Various Purpose Institute's standards for General Obligation wood-based MDF. WINI IOR HF ALI IHIURG MORTUARY Cremation Options starting at $1095 www. whcmortuary, com (707) 894-2222 NAm.A UNBELIEVABLE -- Lillie Dayton hit two hole-in-one shots over two games. Photo provided By Andrew Pardiac in Geyserville. She currently Managing Editor is a member of the andrew@sonomawest.com Healdsburg Junior Golf League and plays for the On July 26, Lillie Dayton Santa Rosa Country Club was playing in the Jtmior Junior PGA PGA Tour at Fountaingrove team. when she shot her first hole- She said in-one. On Aug. 8, she was she's been playing the Junior PGA at playing since Bennett Valley and shot her age 6 and second hole-in-one, typically Unbelievable it may seem, drives but her mother Lisa around 240 confirmed there was a group yards. Her of witnesses, Lillie's dad average 18- included, that saw both hole round is shots, in the high "It's shocking for any 80s to lower golfer, especially for a junior 90s. golfer," Dayton said of the She said one hole-in-one shots, was off a 98-yard shot and the Dayton is 14 years old and other was from 138 yards. recently began school at "There was a pretty big Cardinal Newman. She lives difference between them," "it's shocking for any golfer, especially for a junior getfer." she said. In the past, Dayton had shot an eagle on a par 5. Dayton joined the Junior PGA after playing at the Santa Rosa Country Club. She said it takes a lot of practice and hard work to acheive the level she is Liltie l)ayten, at. 3Uni0 PGA player She said her favorite type of hole is a par 3. Lisa Gallagher Dayton said she and Lillie's father were in disbelief and overwhelmed with joy. Dayton said her father has given her lessons as he is an avid golfer. Her morn and sister are more beginner and "it's been a fun journey with them," she said. The teams she plays with are also supportive. "The girls are really nice," she said. For those wanting to improve their game, Dayton has this advice: "Don't try to kill the ball and swing easy,'~ she said. Fountaingrove golf course is located at 1525 Fountaingrove Parkway in Santa Rosa. Bennett Valley golf course is at 3330 Yulupa Ave. in Santa Rosa. Be sure to check back when the high school golf seasons begin for more coverage of some of the top young shooters playing the sport. Beginning Aug. 15, those displaced by the 2017 Northern California wildfires and 2018 Camp Fire can apply for aid through an independently administered Wildfire Assistance Program funded by Pacific Gas and Electric Company (PG&E). PG&E's $105 million fund, approved by the judge in PG&E's Chapter 11 cases, is intended to help those who are either uninsured or need assistance with alternative living expenses or other urgent needs. The court-approved independent administrator is set to file the eligibility criteria as required by the court and will open the application process. "Our goal is to get the money to those who most need it as quickly as possible. We will prioritize wildfire victims who have urgent needs, including those who are currently without adequate shelter," said Cathy Yanni, plan administrator. Yanni is partnering with local agencies and community organizations to administer the fund. "We appreciate the diligent work of the fund administrator in quickly establishing a way to distribute these funds and ensuring the program supports those with the most immediate needs. PG&E is focused on helping those impacted by the devastating wildfires in recent years and strengthening our energy system to prevent utility-caused catastrophic fires. We feel strongly that helping these communities now is the right thing to do," said Bill Johnson, CEO and President of PG&E Corporation. Applicants can request a "Basic Unmet Needs" payment of $5,000 per household for victims who establish basic eligibility requirements and self-certify that they have at least $5,000 of unmet needs that have not been compensated by the Federal Emergency Management Agency (FEMA). Payments are to support needs such as water, food, prescriptions, medical supplies and equipment, infant formula and diapers, personal hygiene items, and transportation fuels beyond what FEMA Covered in the days immediately following the declared disasters. Those who receive basic payments may also qualify for a"Supplemental Unmet Needs" payment. These funds will be available only after "Basic Unmet Needs" payments have been issued. Supplemental payments will be available to individuals and families who currently face extreme or extraordinary circumstances as compared to others who were impacted by the 2017 and 2018 wildfires. To qualify for the payments, applicants' primary residence must have been within the boundary of the 2017 Northern California wildfires or the 2018 Camp fire. Applicants also must establish proof of identity and certify that they are not requesting payments for an expense already paid for by FEMA. Applicants can find more information and apply for assistance at norcalwildfireassistanceprogr am.com. The deadline to file for aid is Nov. 15. The $105 million being provided by PG&E was made available from the company's cash reserves. PG&E will not seek cost recovery from its customers. -- Submitted by Deanna Con treras, Marketing & Communications, North Bay, Sonoma & Humboldt Divisions, Pacific Gas and Electric Corqpan y I III LLI DINNERS BREAKFAST & LUNCH 21712 Geyserville Ave, Geyserville Next to Geyserville Inn (Hwy 101 to Canyon Road Exit). 707-857-3264 www.geyservilleinn.com ENTIRE STORE Revisit Our Store For New Discounts Every Day! 435 Center St. Healdsburg ' Clothing Accessories (707)