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("SB 707")AND RULES FOR SIGNS AT COUNCIL MEETINGS, CLARIFY PUBLIC <br /> COMMENT, PRESENTATION, AND TRANSLATION PROCEDURES, AND <br /> REPEALING RESOLUTION NO. 2025-004 <br /> 3. Adopt a resolution approving a revised Teleconferencing Policy; and <br /> RESOLUTION NO. 2026-XXX entitled A RESOLUTION OF THE CITY COUNCIL OF <br /> THE CITY OF SANTA ANA ADOPTING A REVISED TELECONFERENCING POLICY <br /> 4. Approve outreach efforts to encourage participation in City Council meetings <br /> pursuant to Government Code §54953.4. <br /> **END OF BUSINESS CALENDAR** <br /> I PUBLIC HEARINGS <br /> PUBLIC COMMENTS — Members of the public may address the City Council on each of the <br /> Public Hearing items. <br /> 22. Public Hearing —Tax Equity Fiscal Responsibility Act Hearing for Orange County <br /> School of the Arts and The Legacy Fund <br /> Legal Notice published in the OC Register on May 22, 2026. <br /> Department(s): Community Development Agency <br /> Recommended Action: 1. Conduct a Tax Equity and Financial Responsibility Act <br /> Resolution Hearing in consideration of the issuance of tax-exempt bond financing <br /> ("Bonds") by the California Enterprise Development Authority ("CEDA") for Orange <br /> County School of the Arts ("OCSA") and The Legacy Fund (together the "Borrower"), <br /> both California nonprofit public benefit corporation and organizations described in <br /> Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, to loan the <br /> proceeds of the Bonds to Legacy and OCSA pursuant to one or more loan <br /> agreements to: (a) refinance the outstanding amount of the CEDA 2016 Tax-Exempt <br /> Loan in an amount not expected to exceed $31,000,000 (as defined below); (b) <br /> refinance a taxable loan in an amount not expected to exceed $9,000,000, the <br /> proceeds of which were utilized to finance a working capital deficit of OCSA <br /> (occurring at the OCSA Locations as detailed below); and (c) finance capital <br /> educational facilities including equipment to be located at the OCSA Locations in an <br /> amount not expected to exceed $6,000,000. <br /> 2. Adopt a resolution approving the issuance of revenue bonds by the CEDA in an <br /> amount not to exceed $46,000,000. <br /> RESOLUTION NO. 2026-XXX entitled RESOLUTION OF THE CITY COUNCIL OF <br /> THE CITY OF SANTA ANA APPROVING THE ISSUANCE BY THE CALIFORNIA <br /> ENTERPRISE DEVELOPMENT AUTHORITY OF TAX EXEMPT OBLIGATIONS IN <br /> AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $46,000,000 FOR THE <br /> PURPOSE OF FINANCING AND REFINANCING THE ACQUISITION OF LAND AND <br /> City Council 11 6/2/2026 <br />