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File #: 19-00072    Version: 1
Type: Agenda Item Status: Passed
File created: In control: BOARD OF SUPERVISORS
On agenda: 1/29/2019 Final action: 1/29/2019
Title: Consider recommendations regarding the 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 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
Attachments: 1. Board Letter, 2. SBUSD GO Bonds Issuance 2016 Series B Board Package

Title

Consider recommendations regarding the 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 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.