COMPLIANCE PROCEDURES RELATING TO TAX-EXEMPT BONDS FOR PVCFD#3 RECOMMENDATION: ADOPT PVCFD#3 RES 14-042 ADOPTING ISSUANCE AND POST-ISSUANCE COMPLIANCE PROCEDURES RELATING TO TAX-EXEMPT BONDS FOR THE PALM VALLEY COMMUNITY FACILITIES DISTRICT NO. 3 (CITY OF GOODYEAR, ARIZONA); AND PROVIDING FOR AN EFFECTIVE DATE. PURPOSE: The Palm Valley Community Facilities District (CFD) No. 3 has issued tax-exempt bonds in the past and federal tax law encourages the District to develop written issuance and post-issuance compliance procedures related to the bonds. (Larry Lange, Finance Director)

Committee

Community Facilities District

Introduced

June 3, 2014

On agenda

June 16, 2014