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Council authorizes bond issuance for Amoruso Ranch CFD Improvement Area No. 2
Summary
Roseville approved a resolution authorizing the issuance of special tax bonds for Amoruso Ranch Community Facilities District No. 1, Improvement Area No. 2; the aggregate principal for this issuance was capped at $10.5 million with a maximum bonded indebtedness for the improvement area of $30 million.
The Roseville City Council on Oct. 15 adopted a resolution authorizing the issuance of special tax bonds for the Amoruso Ranch Community Facilities District No. 1, Improvement Area No. 2, and approved related documents including a fiscal agent agreement and preliminary official statement.
Scott Pettingell, the city’s finance director, said the…
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