La Mesa

City Council

May 13, 2025 Consent Calendar #11

Agenda Item 11

10.11 *TAX EQUITY AND FISCAL RESPONSIBILITY ACT OF 1982 (“TEFRA”) HEARING\nFOR MT. HELIX ACADEMY SCHOOL, 5901-5999 SEVERIN DRIVE\nRESOLUTION APPROVING THE ISSUANCE BY THE CALIFORNIA ENTERPRISE\nDEVELOPMENT AUTHORITY OF NOT TO EXCEED $22,000,000 AGGREGATE\nPRINCIPAL AMOUNT OF THE CALIFORNIA ENTERPRISE DEVELOPMENT\nAUTHORITY'S REVENUE OBLIGATIONS FOR THE PURPOSE OF FINANCING,\nREFINANCING AND/OR REIMBURSING THE COST OF ACQUISITION,\nCON S T R U C T ION , RENOVATION, IM PROVEMENT AND EQU I P P I N G\nEDUCATIONAL FACILITIES FOR THE BENEFIT OF THE INSTITUTE FOR\nEFFECTIVE EDUCATION AND OTHER MATTERS RELATING THERETO HEREIN\nSPECIFIED\nStaff Hearing: Mr. Herrera\nRecommended Motion:\nAdopt Resolution.