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CITY COUNCIL REGULAR MEETING AGENDA 9-15-26
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CITY COUNCIL REGULAR MEETING AGENDA 9-15-26
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9/9/2026 2:42:57 PM
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9/9/2026 2:40:57 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
9/15/2026
DESTRUCT DATE
15Y
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Page 2 of 2 <br /> <br />Adoption of the resolution is solely for the purposes of satisfying the requirements of TEFRA, <br />the Internal Revenue Code and the California Government Code Section 6500 (et. seq.). <br /> <br />OUTREACH <br />A Notice of Public Hearing for the TEFRA Hearing conducted by CSCDA on August 27, 2026 <br />was published in the locally circulated newspaper Tri-Valley Herald on August 13, 2026. There <br />were no comments from the public at that virtual hearing. <br /> <br />FISCAL IMPACT <br />There is no fiscal impact to the City from this action. The Bonds will be issued as limited <br />obligations of CSCDA, payable solely from revenues and receipts derived from a loan to be <br />made by CSCDA to the Borrower with Bond proceeds. The City bears no liability with respect <br />to the issuance of the Bonds. The City is not a party to any financing documents related to the <br />Bond issuance and is not named in any disclosure documents describing the Bonds or the <br />proposed financing. <br /> <br />RECOMMENDATION <br />Adopt the resolution approving the issuance of exempt facility Bonds by the California <br />Statewide Communities Development Authority not to exceed $36,900,000, for the benefit of <br />Hacienda Pleasanton, L.P., to refinance the acquisition, rehabilitation, improvement, and <br />equipping of Anton Hacienda Apartments. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Steve Hernandez, Housing <br />Division Program Manager <br />Ellen Clark, Director of Community and <br />Economic Development <br /> <br />Joe Calabrigo, Interim <br />City Manager <br /> <br />Attachments: <br />1. Attachment 1 - Resolution <br />2. Attachment 2 - TEFRA Proof of Publication <br />3. Attachment 3 - TEFRA 8-27-2026 Meeting Minutes - Anton Hacienda <br /> <br />Page 15 of 318
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