Los Angeles
City Council
Agenda Item 1
(1) Friday 141242 - April 19, 2024 - PAGE 4 motion to send an item "forthwith" if adopted by ten (10) votes, suspends these rules and requires the City Clerk to forward the matter to the Mayor, or other officer, without delay. RULE 16 MOTIONS Council Rule No. 16, in part, allows a member to send an item directly to the Council without it having to go to a Council Committee first, by giving the City Clerk a motion (seconded by an additional member) during a Council session to be placed on the next regular available Council agenda. Los Angeles City Council Agenda Friday, April 19, 2024 JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 10:00 AM Roll Call Approval of the Minutes Commendatory Resolutions, Introductions and Presentations Multiple Agenda Item Comment Public Testimony of Nonagenda Items Within Jurisdiction of Council Items Noticed for Public Hearing (1) 141242 CD 2 MOTION (KREKORIAN HARRISDAWSON) and RESOLUTION relative to the issuance of bonds in an amount not to exceed $22,000,000 for the purpose of refinancing the acquisition, construction, improvement, renovation, expansion, replacement, furnishing and/or equipping of the Woodbury University facilities located at 7500 Glenoaks Boulevard in Council District 2. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. ALLOW the California Enterprise Development Authority to issue bonds in an amount not to exceed $22,000,000 to provide the refinancing of the Obligations, proceeds of which were applied to refinancing the acquisition, construction, improvement, renovation, expansion, replacement, furnishing and/or equipping of the facilities located at 7500 Glenoaks Boulevard in Council District 2. 2. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing and ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, at the City Council meeting to be held on April 19, 2024 at 10:00 a.m. located at 200 North Spring Street, Friday Room 340, Los 19, - April Angeles, 2024 -California 90012. PAGE 5 expansion, replacement, furnishing and/or equipping of the facilities located at 7500 Glenoaks Boulevard in Council District 2. 2. HOLD a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing and ADOPT the accompanying TEFRA RESOLUTION, attached to the Motion, at the City Council meeting to be held on April 19, 2024 at 10:00 a.m. located at 200 North Spring Street, Room 340, Los Angeles, California 90012. Items for which Public Hearings Have Been Held