File #: 17-00110    Version: 1
Type: Agenda Item Status: Passed
File created: In control: BOARD OF SUPERVISORS
On agenda: 2/14/2017 Final action: 2/14/2017
Title: Consider recommendations regarding Santa Barbara Unified School District General Obligation Bonds Issuance, Election of 2016, as follows: a) Adopt a Resolution authorizing the Santa Barbara Unified School District to issue and sell bonds directly, in accordance with Education Code 15140(b), in an amount not to exceed $50,000,000.00; b) Adopt a Resolution authorizing the Santa Barbara Unified School District to issue and sell bonds directly, in accordance with Education Code 15140(b), in an amount not to exceed $20,000,000.00 (School Facilities Improvement District No. 1); and c) Determine that the above actions do not involve any commitment to any specific project which may result in a potentially significant impact on the environment, and therefore they are not a project under the California Environmental Quality Act (CEQA) pursuant to section 15378 (b)(4) of the CEQA Guidelines.
Sponsors: TREASURER-TAX COLLECTOR-PUBLIC ADMINISTRATOR
Attachments: 1. Board Letter, 2. County Resolution 50MM, 3. County Resolution 20MM SFID

Title

Consider recommendations regarding Santa Barbara Unified School District General Obligation Bonds Issuance, Election of 2016, as follows:

 

a) Adopt a Resolution authorizing the Santa Barbara Unified School District to issue and sell bonds directly, in accordance with Education Code 15140(b), in an amount not to exceed $50,000,000.00;

 

b) Adopt a Resolution authorizing the Santa Barbara Unified School District to issue and sell bonds directly, in accordance with Education Code 15140(b), in an amount not to exceed $20,000,000.00 (School Facilities Improvement District No. 1); and

 

c) Determine that the above actions do not involve any commitment to any specific project which may result in a potentially significant impact on the environment, and therefore they are not a project under the California Environmental Quality Act (CEQA) pursuant to section 15378 (b)(4) of the CEQA Guidelines.