Title:
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Consider recommendations regarding the Santa Maria Joint Union High School District General Obligation Bonds Issuance, Election of 2016, as follows:
a) Adopt a Resolution authorizing the Santa Maria Joint Union High School District to issue and sell bonds directly, in accordance with Education Code 15140(b), in an aggregate principal amount not to exceed $67,000,000.00; and
b) Determine that the above action involves the creation of government funding mechanisms or other government fiscal activities, which do not involve any commitment to any specific project which may result in potentially significant impact on the environment, and therefore it is not a project under the California Environmental Quality Act (CEQA) pursuant to section 15378(b)(4) of the CEQA Guidelines.
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