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Council approves assignment of lease for 942 South Madera Ave. to Public Financing Authority
Kerman City Council · August 13, 2025
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Summary
Council adopted Resolution 25-63 to assign the lease for 942 South Madera Avenue from the City of Kerman to the Kerman Public Financing Authority to support capital projects funding; the vote was unanimous.
The council voted to approve Resolution 25-63 authorizing the assignment of the lease for 942 South Madera Avenue from the City of Kerman to the Kerman Public Financing Authority. Councilmember Herrera moved the motion and Councilmember Hall seconded; the motion passed 5-0.
The assignment is described as intended to facilitate the city’s capital projects funding program; the minutes do not list financial terms or additional conditions.
