City Council

5. ADOPTION OF A RESOLUTION ESTABLISHING THE 2026-27 GENERAL OBLIGATION BOND TAX RATE FOR THE LEVY OF AN AD VALOREM TAX TO BE COLLECTED TO MAKE DEBT SERVICE PAYMENTS ON OUTSTANDING GENERAL OBLIGATION BONDS ISSUED TO FINANCE THE ACQUISITION OF JOHNSON’S PASTURE Recommendation: Staff recommends the City Council adopt A RESOLUTION OF THE CITY AND AUTHORIZING THE COUNTY OF LOS ANGELES TO LEVY A TAX ON APPROVED LEVY WITH RESPECT TO THE CITY'S GENERAL OBLIGATION BOND APPROVED BY THE VOTERS AT THE NOVEMBER 7, 2006 STATEWIDE GENERAL ELECTION TO FUND THE ACQUISITION OF JOHNSON'S PASTURE.