ken tanser. >> background. the tax equity and responsible act, allows the tax exemption of interest on the certain types of debt, through the community, development authority. and this is a joint powers authority to which the city is a participating member. and the authority issued bonds, and notes and other forms of indebtedne indebtedness, on behalf of the organizations such as the amply can't, and the college of the arts. and federal tax laws requires that the governing body, in which the project is located approve the financing and after previeding opportunity, for the hearing before the bond committee on the tax exempt basis, and the jurisdiction is not object mri obligated. a hearing was held, on february 10th, no comments from any of the members of the public were received or heard. the amount of the bond assuming all required approvals are obtained. the authority will issue, an amount, not-to-exceed, $16 million. on behalf of the california college of the arts, bond council on the transaction. the purpo

ken tanser. >> background. the tax equity and responsible act, allows the tax exemption of interest on the certain types of debt, through the community, development authority. and this is a joint powers authority to which the city is a participating member. and the authority issued bonds, and notes and other forms of indebtedne indebtedness, on behalf of the organizations such as the amply can't, andhe college of the arts. and federal tax laws requires that the governing body, in which the project is located approv the financing and after previeding opportunity, for the hearing before the bond committee on the tax exempt basis, and the jurisdiction is not object mri obligated. a hearing was held, on february 10th, no comments from any of the members of the public were received or heard. the amount of the bond assuming all required approvals are obtained. the authority will issue, an amount, not-to-exceed, $16 million. on behalf of the california college of the arts, bond council on the transaction. the purpose

ken tanser. >> background. tax equity and responsible act, allows the tax exemption of interest on the certain types of debt, through the community, development authority. and this is a joint powers authority to which the city is a participating member. and the authority issued bonds, and notes and other forms of indebtedne indebtedness, on behalf of the organizations such as the amply can't, and the college of the arts. and federal tax laws requires that the governing body, in which the project is located approve the financing and after previeding opportunity, for the hearing before the bond committee on the tax exempt basis, and the jurisdiction is not object mri obligated. a hearing was held, on february 10th, no comments from any of the members of the public were received or heard. the amount of the bond assuming all required approvals are obtained. the authority will issue, an amount, not-to-exceed, $16 million. on behalf of the california college of the arts, bond council on the transaction. the purpose o

ken tanser. >> background.in types of debt, through the community, development authority. and this is a joint powers authority to which the city is a participating member. and the authority issued bonds, and notes and other forms of indebtedne indebtedness, on behalf of the organizations such as the amply can't, and the college of the arts. and federal tax laws requires that the governing body, in which the project is located approve the financing and after previeding opportunity, for the hearing before the bond committee on the tax exempt basis, and the jurisdiction is not object mri obligated. a hearing was held, on february 10th, no comments from any of the members of the public were received or heard. the amount of the bond assuming all required approvals are obtained. the authority will issue, an amount, not-to-exceed, $16 million. on behalf of the california college of the arts, bond council on the transaction. the purpose of the project is to pay, and or reinbers the corporation, for the construction and