Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council authorizes up to $15 million in special-tax bonds for Ranch CFD Improvement Area 3
Summary
The council adopted a resolution approving the sale of special-tax bonds of up to $15 million for Improvement Area 3 of the Ranch Community Facilities District, correcting a typographical error in the packet before adoption.
Rancho Cordova — The City Council adopted a resolution Sept. 3 authorizing the issuance of special-tax bonds for Improvement Area Number 3 of the Ranch Community Facilities District (CFD) 2021-1 in an amount not to exceed $15 million. Michelle Mengeff, the city finance manager, briefed the council on the financing item and said the bonds would be special-tax bonds secured solely by special taxes collected within the CFD boundaries for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
