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Subcommittee forwards $122.5 million revenue bond authorization for Westmont College
Budget & Finance Subcommittee, Board of Supervisors, San Francisco County · April 1, 2009
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Summary
The Budget & Finance subcommittee read a resolution April 1 authorizing the California Municipal Finance Authority to issue up to $122.5 million in revenue bonds to finance Westmont College facilities; controller staff said the bonds do not affect the city's indebtedness and posed "no risk to the city." The item was forwarded to the full Board with recommendation.
The subcommittee on April 1 heard a resolution (Item 3) approving the issuance and sale of revenue bonds by the California Municipal Finance Authority in an aggregate principal amount…
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