Title
TAX-EXEMPT BONDS ISSUANCE BY THE CALIFORNIA STATEWIDE COMMUNITIES’ DEVELOPMENT AUTHORITY FOR UCA AND UCE APARTMENTS
Recommendation
Proposed Motion:
1. Adopt Resolution No. 2026-XXX.
RESOLUTION NO. 2026-XXX - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, APPROVING THE ISSUANCE OF THE CALIFORNIA STATEWIDE COMMUNITIES’ DEVELOPMENT AUTHORITY QUALIFIED 501(C)(3) BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $180,000,000 TO FINANCE OR REFINANCE UCE APARTMENT HOMES AND UCA APARTMENT HOMES ACQUISITION, REHABILITATION, IMPROVEMENT AND EQUIPPING AND CERTAIN OTHER MATTERS RELATING THERETO
2. Authorize City Manager, or designee, to execute and administer all documents and actions necessary to implement the Resolution.