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Council approves first reading to form Atascadero Industrial Development Authority to enable bond financing
3333109 · May 14, 2025
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Summary
Council introduced an ordinance to form an industrial development authority and adopted a resolution designating the council as the authority’s board to enable lease‑revenue bond financing for public safety facilities.
Atascadero — The City Council on Tuesday introduced an ordinance to form the Atascadero Industrial Development Authority and adopted a resolution designating the council as its board, a step staff said is needed to issue lease‑revenue bonds for the city’s public facilities project.
Admin Services Director Jerry Rangel led the…
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