24-136
CONDUCT A PUBLIC HEARING UNDER THE TAX AND EQUITY FISCAL RESPONSIBILITY ACT (“TEFRA”) ON APRIL 15, 2024 IN CONNECTION WITH THE PROPOSED ISSUANCE OF REVENUE BONDS BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY (THE “CMFA”), A JOINT EXERCISE OF POWERS AUTHORITY AND PUBLIC ENTITY OF THE STATE OF CALIFORNIA, IN AN AMOUNT NOT TO EXCEED $50,000,000, (THE “BONDS”), TO FINANCE AND REFINANCE THE COSTS OF THE ACQUISITION AND REHABILITATION OF AN 86-UNIT QUALIFIED RESIDENTIAL RENTAL PROJECT (THE “PROJECT”) LOCATED AT 2838 GIANT ROAD WITHIN THE CITY (THE “PROJECT”) AND CONSIDER ADOPTING RESOLUTION TO BECOME A MEMBER OF THE CMFA AND TO APPROVE THE FINANCING OF THE PROJECT BY THE CMFA. CEQA: This proposed action is not a project as defined by CEQA
- Committee
- City Council
- Introduced
- March 21, 2024
- On agenda
- April 15, 2024
- Passed
- April 15, 2024
- Enactment no.
- RES 2024-053