Title
Resolution No. 2024- 65: Approving the Issuance by California Enterprise Development Authority of Not-to-Exceed $55,000,000 Aggregate Principal Amount of the Authority's Revenue Obligations for the Benefit of Sage Hill School for the Purpose of Financing and/or Reimbursing the Cost of Acquisition, Construction, Installation, Equipping and Furnishing of Educational Facilities and Other Matters Relating Thereto Herein
Recommendation
a) Conduct a public hearing;
b) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly; and
c) Adopt Resolution No. 2024-65, A Resolution of the City Council of the City of Newport Beach, California, Approving the Issuance by California Enterprise Development Authority of Not-to-Exceed $55,000,000 Aggregate Principal Amount of the Authority's Revenue Obligations for the Benefit of Sage Hill School for the Purpose of Financing and/or Reimbursing the Cost of Acquisition, Construction, Installation, Equipping and Furnishing of Educational Facilities and Other Matters Relating Thereto Herein Specified.