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Committee forwards CSCDA financing resolution to cover cost overruns at local facility
Budget and Finance Committee, City and County of San Francisco · February 27, 2008
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Summary
The committee recommended the Board approve up to $2 million in CSCDA-issued bonds to address cost overruns at a locally owned facility (transcript project name unclear). The Office of Public Finance said the continued financing will not create City liability.
The Budget and Finance Committee forwarded to the full Board a resolution authorizing tax-exempt financing by the California Statewide Communities Development Authority (CSCDA) not to exceed $2,000,000 to fund acquisition, construction and improvements at a…
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