Title
Conduct a Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) Hearing and Adopt a Resolution Approving the Issuance of Bonds by the California Enterprise Development Authority (Authority) for the Purpose of Financing, Refinancing and/or Reimbursing the Cost of Acquiring, Renovating, Remodeling, Equipping and Furnishing a Commercial Office Building Facility [Published 05/29/2026]
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FileID
File ID: 2026-01107
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Location
Location: District 4
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Recommendation
Recommendation: Conduct a public hearing under the requirements of TEFRA and the Internal Revenue Code of 1986, as amended (Code) regarding the proposed issuance of bonds by the Authority, a joint powers authority and public entity organized under the laws of the State of California for the benefit of California Counties Capitol Building & Museum, a California nonprofit public benefit corporation, County Supervisors Association of California, a California nonprofit mutual benefit corporation (CSAC), and CSAC Finance Corporation, a California nonprofit public benefit corporation (collectively, Borrower), and upon conclusion, adopt a Resolution authorizing the issuance of bonds by the Authority for the benefit of the Borrower for the purpose of financing, refinancing and/or reimbursing the cost of acquiring, renovating, remodeling, equipping and furnishing a commercial office building facility.
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Contact
Contact: Claudia Lara, Debt Analyst, (916) 808-2267, clara@cityofsacramento.org; Brian Wong, Debt Manager, (916) 808-5811, bwong@cityofsacramento.org; Office of the City Treasurer
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Presenter
Presenter: Claudia Lara, Debt Analyst, (916) 808-2267, clara@cityofsacramento.org, Office of the City Treasurer
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Attachments
Attachments:
1-Description/Analysis
2-Resolution
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Description/Analysis
IssueDetail
Issue Detail: The Borrower has requested that the Authority issue tax-exempt bonds in an amount not to exceed $44,000,000 (Bonds). The proceeds of the Bonds w...
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