Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Goleta Facilities Financing Authority, city council approve preliminary bond documents for $37 million in capital financing
Summary
The Goleta Facilities Financing Authority and the City Council approved preliminary official statements and continuing disclosure certificates for two series of bonds—Measure A transportation sales tax revenue bonds and lease revenue bonds—expected to raise about $37 million for capital projects.
The Goleta Facilities Financing Authority and the Goleta City Council approved resolutions authorizing preliminary official statements and continuing disclosure certificates for two bond series that together are expected to generate approximately $37 million to accelerate capital projects.
Staff and the financing team briefed the board and council on two financings: Measure A transportation sales tax revenue bonds and lease revenue bonds backed by the general fund. Staff said the bonds will allow the city to accelerate construction…
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
