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Conduct a public hearing under the Tax Equity and Fiscal Responsibility Act (TEFRA) regarding the issuance of tax-exempt bonds by the California Municipal Finance Authority: A) Open public hearing B) Close public hearing C) Adopt a resolution approving a plan of finance for the issuance of tax-exempt revenue bonds in an aggregate principal amount not to exceed $50,000,000, by the California Municipal Finance Authority for the benefit of North Fair Oaks Apartments, L.P., a California limited partnership, or another ownership entity to finance and refinance the acquisition, construction, improvement, and equipping of an 86-unit affordable rental housing facility for low-income households, to be located in the unincorporated community of North Fair Oaks in the County of San Mateo at 430-434 Douglas Avenue & 429-431 MacArthur Avenue, Redwood City, California.

Resolution Passed Introduced April 10, 2025
Committee
COUNTY ATTORNEY
Requested by
COUNTY ATTORNEY
Introduced
April 10, 2025
On agenda
May 6, 2025
Passed
May 6, 2025
Enacted
May 6, 2025
Enactment no.
Resolution-081110

Where it was heard

BOARD OF SUPERVISORS May 6, 2025 adopted Pass

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