City Council

7.1 Bond Issuance: Board of Directors of the Chula Vista Municipal Financing Authority Approve\nthe Issuance of Refunding Revenue Bonds and the Legislative Body of CFD Nos. 06-I, 07-I,\n08-I, and 2001-2 and Approve the Issuance of Special Tax Refunding Bonds\nReport Number: 24-0034\nLocation: Community Facilities District No. 06-I, Community Facilities District No. 07-I,\nCommunity Facilities District No. 08-I and Community Facilities District No. 2001-2\nDepartment: Finance\nG.C. § 84308: No\nEnvironmental Notice: The activity is not a “Project” as defined under Section 15378 of the\nCalifornia Environmental Quality Act (“CEQA”) State Guidelines. Therefore, pursuant to State\nGuidelines Section 15060(c)(3) no environmental review is required.\nFebruary 20, 2024 Agenda Page 6 of 9\nCity of Chula Vista - City Council\nRECOMMENDED ACTION:\nA. City Council , acting as the legislative body for City of Chula Vista Community\nFacilities District No. 06-I (Eastlake – Woods, Vistas and Land Swap), adopt a\nresolution authorizing the issuance of its Improvement Area A 2024 Special Tax\nRefunding Bonds in a principal amount not to exceed twelve million four hundred\ntwenty-five thousand dollars ($12,425,000) and approving certain documents and\ntaking certain other actions in connection therewith.\nB. City Council , acting as the legislative body for City of Chula Vista Community\nFacilities District No. 06-I (Eastlake – Woods, Vistas and Land Swap), adopt a\nresolution authorizing the issuance of its Improvement Area B 2024 Special Tax\nRefunding Bonds in a principal amount not to exceed three million one hundred forty\nthousand dollars ($3,140,000) and approving certain documents and taking certain\nother actions in connection therewith.\nC. City Council , acting as the legislative body for City of Chula Vista Community\nFacilities District No. 07-I (Otay Ranch Village Eleven), adopt a resolution authorizing\nthe issuance of its 2024 Special Tax Refunding Bonds in a principal amount not to\nexceed eleven million nine hundred eighty thousand dollars ($11,980,000) and\napproving certain documents and taking certain other actions in connection therewith.\nD. City Council , acting as the legislative body for City of Chula Vista Community\nFacilities District No. 08-I (Otay Ranch Village Six), adopt a resolution authorizing the\nissuance of its 2024 Special Tax Refunding Bonds in a principal amount not to\nexceed eight million one hundred ninety thousand dollars ($8,190,000) and approving\ncertain documents and taking certain other actions in connection therewith.\nE. City Council , acting as the legislative body for City of Chula Vista Community\nFacilities District No. 2001-2 (McMillin - Otay Ranch - Village Six), adopt a resolution\nauthorizing the issuance of its 2024 Special Tax Refunding Bonds in a principal\namount not to exceed four million two hundred sixty-five thousand dollars\n($4,265,000) and approving certain documents and taking certain other actions in\nconnection therewith.\nF. Acting as the Board of Directors of the Chula Vista Municipal Financing Authority ,\nadopt a resolution authorizing the issuance of its Local Agency Revenue Refunding\nBonds in a principal amount not to exceed forty million dollars ($40,000,000) and\napproving certain documents and taking certain other actions in connection therewith.\nFebruary 20, 2024 Agenda Page 7 of 9\nCity of Chula Vista - City Council