September 25, 2025
- Agenda Item 4 - Resolution No. 25 – 22 - Resolution of the California School Finance Authority Authorizing the borrowing of a Loan in an amount not to exceed $11,000,000, issuing a promissory note evidencing the obligations of the Authority in connection with such loan, and lending the proceeds thereof to PMC Support Corporation, to finance and/or refinance the acquisition, construction, expansion, remodeling, renovation, improvement, furnishing and/or equipping of educational facilities located in Los Angeles county for use by Ednovate, Inc. for its Ednovate - East College Prep charter school (Action Item).
- Agenda Item 5 - Resolution No. 25 – 23 – Approving the Charter School Facilities Credit Enhancement Grant Program (ALN #84.354A) Award in an Amount Not to Exceed $1,000,000 to PMC Support Corporation, for the ultimate benefit of Ednovate, Inc. for its Ednovate - East College Prep charter school, located in Los Angeles County (Action Item).
- Agenda Item 6 - Agenda Item 6 - Resolution No. 25 – 24 - Approval of Financial Soundness Determination for Natomas Pacific Pathways Prep Elementary located in Sacramento County for Final Apportionment through the Charter School Facilities Program (Ed. Code, §17078.52 et seq.) (Action Item).
- Agenda Item 7 - Resolution No. 25 – 25 - Approval of Financial Soundness Determination for Los Angeles Academy of Arts and Enterprise located in Los Angeles County for Final Apportionment through the Charter School Facilities Program (Ed. Code, §17078.52 et seq.) (Action Item).
- Agenda Item 9 - Resolution No. 25-27 – Authorizing the assignment of Charter School Facilities Program (Ed. Code, §17078.52 et seq.) agreements from EJE Middle Academy (“Middle”) to EJE Elementary Academy (“Elementary”), and related actions, in connection with the merger of Middle into Elementary located in San Diego County (Action Item).
- Agenda Item 10 - Resolution No. 25-28 – Delegating authority to the Executive Director to assign funds received from the settlement of California School Finance Authority, et. al. v. Today’s Fresh Start, Inc., et. al., Los Angeles County Superior Court, Case No. 23STCP03750 (Action Item).