Hold public hearing on $15 million refinancing for Liberty Village Apartments

Police & Community SafetyHousingHearing

In Plain English

The California Statewide Communities Development Authority wants to issue $15 million in bonds to refinance Liberty Village Apartments. State law requires a public hearing before the city can approve this type of bond financing. If approved, the refinancing could lower borrowing costs for the apartment complex.

Auto-generated summary. Source: official agenda documents.

Votes

Close public hearing

Passed

Adopt Resolution No. 7-14 approving the proposed financing

Passed

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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