Tax Equity and Financial Responsibility Act (TEFRA) public hearing. 1. TEFRA HEARING - To hear and consider financing and refinancing of the acquisition, rehabilitation, improvement and equipping of multifamily rental housing (the “Project”). The new bonds will be issued by the Authority. As a jurisdiction in which the facilities are located, the Council must consider authorizing the Authority to issue the obligations for such purposes. 2. ***RESOLUTION- Approving a plan of finance of the California Municipal Finance Authority to issue and reissue revenue bonds for a qualified multifamily rental housing for the benefit of 3720 E Ventura Ave., L.P., and certain other matters relating thereto. (Subject to Mayor’s Veto)

Committee

City Council

Requested by

Finance Department

Introduced

October 13, 2025

On agenda

October 30, 2025

Passed

October 30, 2025

Where it was heard

City Council Oct 30, 2025 ADOPTED Pass

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