City Council

6.1 PUBLIC HEARING AND APPROVAL OF A RESOLUTION APPROVING THE ISSUANCE BY THE CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY (CEDA) OF A TAX-EXEMPT LOAN FOR THE BENEFIT OF ST. JUNIPERO SERRA CATHOLIC SCHOOL AND THE ROMAN CATHOLIC BISHOP OF ORANGE (Turner) RECOMMENDATION: 1) Receive staff presentation and report. 2) Council questions of staff. 3) Open the public hearing. 4) Receive public testimony. 5) Close the public hearing. 6) Council discussion and deliberation. 7) Adopt a Resolution entitled: MARGARITA, CALIFORNIA, APPROVING THE ISSUANCE BY THE CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY OF ITS TAX-EXEMPT LOAN IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $10,000,000 FOR THE PURPOSE OF REFUNDING THE OUTSTANDING PORTION OF THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY'S REFUNDING REVENUE BONDS (ST. JUNIPERO SERRA CATHOLIC SCHOOL), SERIES 2016 AND CERTAIN OTHER MATTERS RELATING THERETO FOR THE BENEFIT OF ST. JUNIPERO SERRA CATHOLIC SCHOOL AND THE ROMAN CATHOLIC BISHOP OF ORANGE Item No. 6.1