Los Angeles

City Council

(3) 21-0215-S1 CD 14 MOTION (JUARDO - BLUMENFIELD) and RESOLUTION relative to issuing bonds in an aggregate principal amount not to exceed $30,572,770 for the purpose of financing, refinancing, and/or reimbursing the cost of acquisition, construction, improvement and equipping of certain educational facilities 97-unit multifamily housing development located at 3016 North Main Street in Council District 14. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. CONSIDER the results, attached to the Motion, of the Tax Equity and Fiscal Responsibility Act (TEFRA) public hearing held on December 29, 2025 for the Brine Residential, located at 3016 North Main Street. 2. ADOPT the accompanying TEFRA RESOLUTION to approve the issuance of bonds in an amount not to exceed $30,572,770 for the new construction of a 97-unit multifamily housing development, located at 3016 North Main Street in Council District 14. Items for which Public Hearings Have Been Held