City Council

4.2 BOND ISSUANCE BY THE CALIFORNIA\nENTERPRISE DEVELOPMENT AUTHORITY FOR\nORANGE COUNTY MUSIC AND DANCE; LENDER\nCONSENT; AND SUBLESSEE CONSIDERATION\nACTION:\n1) Conduct the public hearing.\n2) Adopt - A RESOLUTION OF THE CITY COUNCIL\nOF THE CITY OF IRVINE, CALIFORNIA, APPROVING\nTHE ISSUANCE OF BONDS BY THE CALIFORNIA\nENTERPRISE DEVELOPMENT AUTHORITY IN AN\nAGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED\n$50,000,000 FOR THE PURPOSES OF FINANCING\nTHE COSTS OF CONSTRUCTION, DEVELOPMENT,\nINSTALLATION, IMPROVEMENT, EQUIPPING AND\nFURNISHING OF CERTAIN CULTURAL,\nEDUCATIONAL FACILITIES AND CERTAIN OTHER\nMATTERS RELATING THERETO\n3) Approve Lender Consent for Orange County Music\nand Dance and authorize the City Manager to execute.\n4) Authorize Ednovate as a sublessee under Orange\nCounty Music and Dance's Ground Lease.\n4.2