Budget & Finance

(8)\n26-0016\nCity Admininistrative Officer report and Authorizing Resolution relative\nto the issuance and sale of Municipal Improvement Corporation of Los\nAngeles (MICLA) Lease Revenue Bonds (Bonds), Series 2026-A\n(Capital Equipment and Real Property), in a principal amount of $255\nmillion, and execution of related bond documents; and, City Attorney\nreport, draft Ordinance approving the lease and leaseback of real\nproperty between the CIty and MICLA to pay principal of and interest\non the Bonds, and draft Ordinance for the creation of a special fund to\nrecord certain accounting transactions related to the Bonds.\nFiscal Impact Statement: Yes\nFinancial Policies Statement: Yes\nDebt Impact Statement: Yes