Agenda Item #6: The Board will conduct a Tax Equity and Fiscal Responsibility Act (TEFRA) Hearing to consider a resolution approving financing to be undertaken by the California Public Finance Authority (CalPFA), in an aggregate principal amount not to exceed $27 million, for the purpose of financing and/or refinancing capital improvements to certain facilities and certain other matters relating to the Marin Academy, located at 1600 Mission Avenue, San Rafael. TEFRA hearings are mandated by the IRS to provide reasonable chance for individuals to express views on the issuance of bonds and the nature of the improvements and projects for which the bond funds will be allocated. Staff recommends the Board conduct the hearing and consider adoption of the resolution.
The Board conducted the hearing and adopted the resolution.
Contact: Dan Eilerman, Assistant County Administrator
Every Thursday we post previews of upcoming items for the next board meeting and reviews of items from the last.
Email or Text Alerts