File #: ID#19-161    Version: 1 Name:
Type: Public Hearing Status: Passed
File created: 3/5/2019 In control: City Council
On agenda: 3/19/2019 Final action: 3/19/2019
Title: Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing to Consider the Issuance of Tax-Exempt Bonds by the California Statewide Communities Development Authority (CSCDS) for the Salinas Pointe Apartments
Attachments: 1. Report to City Council - Salinas Pointe Apartments TEFRA Hearing, 2. 01 - Resolution - Salinas Pointe Apartments, 3. 02 - Request Letter from CSCDA 2.25.19 - Salinas Pointe TEFRA, 4. 03 - Salinas Pointe Application, 5. 04 - Proof of Publication of the Notice

Title

Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing to Consider the Issuance of Tax-Exempt Bonds by the California Statewide Communities Development Authority (CSCDS) for the Salinas Pointe Apartments

Recommended Action

Conduct a Public Hearing in accordance with the Tax Equity and Fiscal Responsibility Act, and approve a Resolution approving the issuance of tax-exempt bonds in an amount not-to-exceed $35 million for the Project.