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California School Finance Authority

February 27, 2025 Staff Reports and Resolutions

  • February 27
    • Agenda Item 4 - Resolution No. 25 – 03 – Resolution of the California School Finance Authority authorizing the issuance of Charter School Revenue Bonds in an amount not to exceed $45,000,000 And Lending the Proceeds to Magnolia Properties Management, Inc. To Finance And/Or Refinance The Acquisition, Construction, Expansion, Remodeling, Renovation, Improvement, Furnishing And/Or Equipping Of Educational Facilities Located In Orange County, California, Los Angeles County, California, And San Diego County, California, For Use By Magnolia Educational & Research Foundation. (Action Item)
    • Agenda Item 5 - Resolution No. 25 – 04 – Approving the Charter School Facilities Credit Enhancement Grant Program (CDFA #84.354A) Award in an Amount Not to Exceed $2,000,000 to Magnolia Properties Management Inc., on behalf of Magnolia Educational & Research Foundation, In Connection with Facilities Located in Los Angeles, San Diego and Orange Counties. (Action Item)
    • Agenda Item 6 - Resolution No. 25 – 05 – Resolution Of The California School Finance Authority Authorizing The Issuance Of Charter School Grant Anticipation Notes In An Amount Not To Exceed $36,000,000 And Lending The Proceeds To Magnolia Properties Management, Inc. To Finance And/Or Refinance The Acquisition, Construction, Expansion, Remodeling, Renovation, Improvement, Furnishing And/Or Equipping Of Educational Facilities Located In Orange County, California, Los Angeles County, California, And San Diego County, California, For Use By Magnolia Educational & Research Foundation. (Action Item)
    • Agenda Item 9 - Resolution No. 25 – 08 – Approval of Financial Soundness Determination for Preliminary/Advance Apportionment through the Charter School Facilities Program for California Montessori Project - Capitol Campus located in Sacramento County. (Action Item)
    • Agenda Item 10 Consideration of an Appeal of Ineligibility under the Chater School Facility Grant Program for “Today’s Fresh Start – Compton” location in Los Angeles County. (Action Item)