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Committee forwards $35 million revenue-bond resolution for Sacred Heart San Francisco; city not liable, finance office says
Government Audit and Oversight Committee, Board of Supervisors, City and County of San Francisco · August 11, 2008
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Summary
The committee sent a resolution to the full board approving revenue bonds (aggregate principal not to exceed $35,000,000) by the ABAC Finance Authority to finance projects for Sacred Heart San Francisco; the Office of Public Finance said the city bears no repayment liability.
The Government Audit and Oversight Committee on Aug. 11 forwarded a resolution approving the issuance and sale of revenue bonds by the ABAC Finance Authority for nonprofit corporations, in an aggregate principal amount not to exceed $35,000,000,…
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