Los Angeles

LA County Board

October 03, 2023 Item #43

Agenda Item 43

43. Santa Monica-Malibu Unified School District Levying of Taxes\nRequest from the Santa Monica-Malibu Unified School District (District): Adopt\na resolution authorizing the County to levy taxes in an amount sufficient to pay\nthe principal of, and interest on, the General Obligation Bonds of School\nFacilities Improvement District No. 1, Election of 2018, Series C (Bonds), in an\naggregate principal amount not to exceed $175,000,000; and direct the\nAuditor-Controller to place on 2023-24 tax roll, and all subsequent tax rolls, taxes\nsufficient to fulfill the requirements of the debt service schedule for the Bonds\nthat will be provided to the Auditor-Controller by the District following the sale of\nthe Bonds. ADOPT (23-3485)\nAttachments: Board Letter\nPublic Comment/Correspondence\nMiscellaneous Additions