city of Chula Vista

File #: 20-0546    Name: Bond Issuance for Learning Choice Academy
Type: Action Item Status: Agenda Ready
In control: City Council
On agenda: 2/2/2021 Final action:
Title: CONSIDERATION OF APPROVING THE ISSUANCE OF CHARTER SCHOOL REVENUE BONDS FINANCING AND/OR REFINANCING THE ACQUISITION IMPROVEMENT, RENOVATION, CONSTRUCTION, FURNISHING, AND EQUIPPING OF CERTAIN PUBLIC CHARTER SCHOOL FACILITIES RESOLUTION NO. 2021-020 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ISSUANCE BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY OF ITS CHARTER SCHOOL REVENUE BONDS (THE LEARNING CHOICE ACADEMY) SERIES 2021 IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $12,000,000 FOR THE PURPOSE OF FINANCING AND/OR REFINANCING THE ACQUISITION, IMPROVEMENT, RENOVATION, CONSTRUCTION, FURNISHING AND EQUIPPING OF CERTAIN PUBLIC CHARTER SCHOOL FACILITIES AND CERTAIN OTHER MATTERS RELATING THERETO
Sponsors: Leilani Hines
Attachments: 1. Staff Report, 2. Resolution, 3. Attachment 1, 4. Attachment 2

Title

CONSIDERATION OF APPROVING THE ISSUANCE OF CHARTER SCHOOL REVENUE BONDS FINANCING AND/OR REFINANCING THE ACQUISITION IMPROVEMENT, RENOVATION, CONSTRUCTION, FURNISHING, AND EQUIPPING OF CERTAIN PUBLIC CHARTER SCHOOL FACILITIES

 

RESOLUTION NO. 2021-020 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ISSUANCE BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY OF ITS CHARTER SCHOOL REVENUE BONDS (THE LEARNING CHOICE ACADEMY) SERIES 2021 IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $12,000,000 FOR THE PURPOSE OF FINANCING AND/OR REFINANCING THE ACQUISITION, IMPROVEMENT, RENOVATION, CONSTRUCTION, FURNISHING AND EQUIPPING OF CERTAIN PUBLIC CHARTER SCHOOL FACILITIES AND CERTAIN OTHER MATTERS RELATING THERETO

 

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RECOMMENDED ACTION

Recommended Action

Council adopt the resolution.

 

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ENVIRONMENTAL NOTICE

Environmental Notice

The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.