Tax Equity and Financial Responsibility Act (TEFRA) public hearing. TEFRA HEARING - To hear and consider information concerning the proposed issuance of tax-exempt bonds by California Municipal Finance Authority for the purpose of financing and refinancing of an affordable rental housing facility that includes 60 apartment units. 1. ***RESOLUTION - Approving the issuance of Tax-Exempt revenue bonds pursuant to a plan of finance in an aggregate principal amount not to exceed $20,000,000 by the California Municipal Finance Authority for the purpose of financing and refinancing a project of Pleasant View 2024 Limited Partnership, and certain other matters relating thereto. (Subject to Mayor’s Veto)

Committee

City Council

Requested by

Finance Department

Introduced

April 16, 2025

On agenda

May 1, 2025

Passed

May 1, 2025

Where it was heard

City Council May 1, 2025 ADOPTED Pass