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Board approves up to $42 million in tax-exempt bonds to refinance North Bay Health purchase
Summary
The board held a TEFRA hearing Feb. 28 and approved a resolution allowing the issuance of up to $42 million in tax-exempt revenue bonds through the California Municipal Finance Authority to refinance North Bay Health's recent land and building purchase in Fairfield/Suisun Valley.
The Solano County Board of Supervisors on Feb. 28 conducted a TEFRA hearing and voted 4-0 to approve the issuance of up to $42 million in tax-exempt revenue bonds through the California Municipal Finance Authority for North Bay Health.
Chuck Lomelli, the county treasurer-tax collector and clerk, explained that the TEFRA hearing allows community…
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