Conduct a public hearing under the Tax Equity and Fiscal Responsibility Act (“TEFRA”) and the Internal Revenue Code of 1986, as amended (the “Code”), regarding the issuance of one or more series of revenue bonds (the “Bonds”) for Family HealthCare Network (the “Borrowers”), a California nonprofit, public benefit corporation and organization described in section 501(c)(3) of the Internal Revenue Code of 1986, in an aggregate principal amount not to exceed $40,000,000 to finance the construction of an approximately 15,000 square foot health center at the corner of Frankwood Avenue and South Avenue and an approximately 15,000 square foot health center at 1806-1828 Whitson Street located in the City of Reedley and Selma in Fresno County; adopt the resolution approving the issuance of the Bonds by the California Municipal Financing Authority (“CMFA”) for the benefit of the Borrowers which adoption is solely for the purposes of satisfying the requirements of TEFRA and the Code

Committee

Administrative Office

Requested by

Administrative Office

Introduced

May 31, 2023

On agenda

June 20, 2023

Passed

June 20, 2023

Enactment no.

Resolution No. 23-232