Claremont
City Council
Agenda Item 10
10. TAX EQUITY AND FISCAL RESPONSIBILITY ACT OF 1982 HEARING TO APPROVE THE\nISSUANCE OF UP TO $95 MILLION IN REVENUE BONDS BY THE CALIFORNIA\nMUNICIPAL FINANCE AUTHORITY FOR THE BENEFIT OF SCRIPPS COLLEGE\nRecommendation: Staff recommends the City Council adopt A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF CLAREMONT, CALIFORNIA, APPROVING THE\nISSUANCE BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY OF\nREVENUE BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO\nEXCEED $95,000,000 FOR THE PURPOSE OF FINANCING THE\nACQUISITION, RENOVATION, CONSTRUCTION AND EQUIPPING OF\nACADEMIC FACILITIES LOCATED ON THE CAMPUS OF SCRIPPS\nCOLLEGE; AND APPROVING CERTAIN OTHER MATTERS RELATING\nTHERETO.\nAttachment(s): Scripps Project TEFRA Resolution\nORDINANCE