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Council approves TEFRA hearing and supports revenue bonds for Sequoia Living’s ViaMonte
Summary
Council held a TEFRA public hearing and approved a resolution supporting issuance of revenue bonds by the California Statewide Communities Development Authority to refinance Sequoia Living’s obligated group that includes the ViaMonte facility in Walnut Creek.
Walnut Creek — The City Council closed a public hearing June 3 under the Tax Equity and Fiscal Responsibility Act (TEFRA) and adopted a resolution approving the issuance of revenue bonds by the California Statewide Communities Development Authority (CSCDA) to benefit Sequoia Living, which operates the ViaMonte residential care facility in Walnut Creek.
Staff presentation: Jennifer Yamas, a housing analyst in the…
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