Los Angeles

LA County Board

November 06, 2024 Item #59

Agenda Item 59

59. Torrance Unified School District Levying of Taxes\nRequest from the Torrance Unified School District (District): Adopt a resolution\nauthorizing the County to levy taxes in an amount sufficient to pay the principal\nof, and interest on, the District’s General Obligation Refunding Bonds, Series\n2024 (Bonds), in an aggregate principal amount not to exceed $125,000,000;\nand direct the Auditor-Controller to maintain on the 2025-26 tax roll, and all\nsubsequent tax rolls, taxes sufficient to fulfill the requirements of the debt\nservice schedule for the Bonds that will be provided to the Auditor-Controller by\nthe District following the sale of the Bonds. ADOPT (24-4858)\nMiscellaneous Additions