Redondo Beach
City Council
Agenda Item 1
N.1. DISCUSSION AND POSSIBLE ACTION RELATED TO THE ISSUANCE OF BONDS\nTO FINANCE THE RENOVATION OR REPLACEMENT OF CRITICAL PUBLIC\nINFRASTRUCTURE AND CONSIDER RESOLUTION AND ORDINANCE TO SUBMIT\nTO THE VOTERS AT THE STATEWIDE GENERAL ELECTION ON NOVEMBER 5,\n2024.\nADOPT BY TITLE ONLY RESOLUTION NO. 2407-060, A RESOLUTION OF THE\nCITY COUNCIL OF THE CITY OF REDONDO BEACH DETERMINING THAT THE\nPUBLIC INTEREST AND NECESSITY DEMAND THE ACQUISITION,\nCONSTRUCTION, RECONSTRUCTION, REHABILITATION OR REPLACEMENT OF\nMUNICIPAL IMPROVEMENT PROJECTS CONSTITUTING PUBLIC\nINFRASTRUCTURE OF THE CITY, AND THEIR FINANCING THROUGH THE\nISSUANCE OF GENERAL OBLIGATION BONDS\nINTRODUCE BY TITLE ONLY ORDINANCE NO. 3274-24, AN ORDINANCE OF THE\nCITY OF REDONDO BEACH ORDERING THE SUBMISSION OF A PROPOSITION\nINCURRING BONDED INDEBTEDNESS TO THE QUALIFIED VOTERS OF THE CITY\nOF REDONDO BEACH AT THE STATEWIDE GENERAL ELECTION TO BE HELD\nON NOVEMBER 5, 2024, FOR THE PURPOSE OF FINANCING THE COSTS OF THE\nACQUISITION, CONSTRUCTION, RECONSTRUCTION, REHABILITATION OR\nREPLACEMENT OF CERTAIN MUNICIPAL IMPROVEMENT PROJECTS\nCONSTITUTING PUBLIC INFRASTRUCTURE OF THE CITY. FOR INTRODUCTION\nAND FIRST READING.