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Council approves $20 million bond assistance for regional community health center; one member recuses
Summary
Council approved Resolution 26-29 authorizing issuance of $20 million in tax-exempt bonds through the California Enterprise Development Authority to support acquisition and expansion of a regional community health center; Council Member White recused based on proximity to the project.
The Lancaster City Council voted to adopt Resolution 26-29 to support issuance of $20 million in tax-exempt bonds through the California Enterprise Development Authority (CEDA) for the benefit of a regional community health center project.
Becky Bartlett, housing manager for Community Development, presented the public hearing item and said proceeds will support acquisition, construction, improvements and equipment for multiple healthcare facilities listed in Lancaster. Bartlett said the bonds would finance improvements including expanded outpatient primary care capacity, dental care, diagnostic imaging and dialysis, and that repayment is the sole responsibility of the borrower so the city has no fiscal liability.
Council Member White announced a recusal because his offices are adjacent to the project; the council asked him to state the basis on the record and leave the dais during the vote. After a short period with no public speaker cards, a council member moved to adopt the resolution; the motion passed with three yes votes and one recusal/abstention.
The action authorizes the city to adopt the required resolution for CEDA issuance; staff noted that finance and borrower documents will set the final terms and repayment obligations. There was no public opposition recorded at the hearing.
Next steps: CEDA and the borrower will complete underwriting and closing steps; city staff will return any required ministerial documentation to the council if necessary.
