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Fremont approves reissuance of tax-exempt bonds for Centerville Plaza and Arbor View apartments
Summary
Council held required public hearings and adopted resolutions to reissue tax-exempt bonds refinancing Centerville Plaza and Arbor View projects. Centerville had city funding support previously; Arbor View did not. Both bond resolutions passed 6–0 (one absent).
Fremont’s City Council on Tuesday approved two separate tax-exempt bond reissuances required for refinancing two multifamily rental projects: Centerville Plaza Apartments and Arbor View (Arbor Beach Gardens) Apartments.
The public hearings opened with staff explaining the federal public-hearing requirement for tax-exempt financings. There were no public speakers or written comments for the Centerville hearing. Finance and housing staff described the…
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