25-352
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.
- 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