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Resolution#221282Passed
In plain English

This resolution allows the California Enterprise Development Authority to issue up to $20 million in revenue obligations to finance the renovation and construction of facilities for the Chinese American International School. It is a formal approval required for tax purposes under federal law.

Resolution approving for purposes of Internal Revenue Code, Section 147(f), the Issuance and Sale of Revenue Obligations by the California Enterprise Development Authority, in an aggregate principal amount not to exceed $20,000,000 to finance the cost of renovation, construction, installation, equipping and/or furnishing of educational and related facilities to be owned and operated by Chinese American International School, a California nonprofit public benefit corporation.

Introduced: Dec 13, 2022
Final action: Feb 9, 2023
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How it got here

Document trail
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How they voted

RECOMMENDED
Budget and Finance Committee ยท Jan 25, 2023Pass
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Legislative journey

PresidentDec 13, 2022
โ†’RECEIVED AND ASSIGNED
Budget and Finance CommitteeJan 25, 2023
โœ“RECOMMENDEDPass
MayorFeb 9, 2023
โœ“APPROVED