Culver City

City Council

May 28, 2024 Public Hearing Item #1

Agenda Item 1

PH-1. 24-985 CC - PUBLIC HEARING - (1) CONDUCT A PUBLIC\nHEARING PURSUANT TO THE REQUIREMENTS OF TAX\nAND EQUITY FISCAL RESPONSIBILITY ACT (TEFRA)\nAND THE INTERNAL REVENUE CODE OF 1986, AS\nAMENDED; (2) ADOPTION OF A RESOLUTION TO\nAPPROVE THE ISSUANCE OF REVENUE BONDS BY\nTHE CALIFORNIA MUNICIPAL FINANCE AUTHORITY TO\nASSIST IN THE FINANCING OR REFINANCING OF THE\nTURNING POINT SCHOOL LOCATED IN CULVER CITY,\nCALIFORNIA; AND (3) APPROVAL THE DEPOSIT OF\nAPPROXIMATELY $7,500 IN ISSUANCE FEES TO THE\nGENERAL FUND.