Hold public hearing on $40 million tax-exempt bonds for Westridge Apartments renovation
In Plain English
The California Municipal Finance Authority wants to issue up to $40 million in tax-exempt bonds to buy and renovate Westridge Apartments. Tax-exempt bonds allow lower interest rates, reducing costs for affordable housing projects. The public hearing lets residents comment before the city formally approves the bond issuance.
Auto-generated summary. Source: official agenda documents.
Votes
Close the public hearing
Adopt Resolution No. 71-13
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