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Council approves refunding bonds for Sunridge North Douglas community facilities district
Rancho Cordova City Council · February 17, 2026
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Summary
City finance staff said refinancing 2015 bonds for the Sunridge North Douglas CFD could generate an estimated $700,000 in net present value savings to property owners; council approved the resolution with correction to the not‑to‑exceed principal of $14,000,000.
The Rancho Cordova City Council approved a resolution authorizing issuance of refunding bonds for the Sunridge North Douglas Community Facilities District to refinance bonds issued in 2015.
Assistant Administrative Services Director Michelle Menge told council that the city…
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