The Los Angeles County Board of Supervisors will vote Tuesday on whether to authorize taxes that will pay for a bond passed by the Sulphur Springs School District in 2012.
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The item is on the board’s consent calendar for their Tuesday meeting.
Items on the consent calendar are approved by one motion of the board unless held for discussion.
The district intends to issue bonds totalling no more than $3,000,000, “for the purpose of funding voter-approved projects,” according to documents attached to the board agenda.
If approved, the board is asked “to levy the appropriate taxes for the payment of the Bonds and to direct the Auditor-Controller of the County to place these taxes on the tax roll every year according to a debt service schedule,” the documents state.
The bonds are scheduled to go on sale on Wednesday, March 18.
The County Treasurer and Tax Collector would serve as the paying agent for the bonds.
The Board is also scheduled to receive a report from the Director of Health Services on the county’s implementation of the Affordable Care Act.
No documents detailing the specifics of the report had been attached to the board agenda as of 3:30 p.m. Thursday.
The board is scheduled to meet at 9:30 a.m. on Tuesday. View the meeting agenda, here.
The meeting can be streamed live online, here.
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Source: Santa Clarita News