File #: PH 17-090   
Section: Public Hearing Status: Agenda Ready
Meeting Body: City Council
Agenda Date: 10/17/2017 Final action:
Subject: Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing for Financing of Airport Development Improvements by APP Properties, Inc.
Attachments: 1. Attachment I Staff Report, 2. Attachment II Resolution

DATE:      October 17, 2017

 

TO:           Mayor and City Council

 

FROM:     Director of Public Works

 

SUBJECT                     

Title                      

 

Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing for Financing of Airport Development Improvements by APP Properties, Inc.                                                             

 

End
RECOMMENDATION

Recommendation

 

That Council conducts a TEFRA hearing and adopts a resolution (Attachment II) approving the issuance, by the California Statewide Communities Development Authority (CSCDA), of Tax-Exempt Obligation Bonds to APP Properties, Inc. (APP) in an aggregate amount not-to-exceed $750,000.

End

 

ATTACHMENTS

Attachment I                                          Staff Report

Attachment II                                          Resolution