Santa Monica
City Council
Agenda Item B
B. Adoption of Resolution Approving the Form of a Preliminary Official Statement and Continuing\nDisclosure Certificate for Tax Allocation Refunding Bonds (2026)\nRecommended Action\nStaff recommends that the Redevelopment Successor Agency:\n1. Adopt a finding of no possibility of significant effect pursuant to Section 15061(b)(3)\n(Common Sense Exemption) of the California Environmental Quality Act (CEQA)\nGuidelines.\n2. Adopt the attached Resolution approving the form of the Preliminary Official Statement\nand the Continuing Disclosure Certificate for the 2026 Tax Allocation Refunding Bonds,\nand authorizing certain other actions in connection therewith (Attachments A, B and C).\nStaff Report Printout\na. Attachment A - Successor Agency Resolution\nb. Attachment B - Preliminary Official Statement\nc. Attachment C - Continuing Disclosure Certificate