City Council 04 21 26 Agenda Item M 3 TEFRA Hearing Lockwood III Apartments

Oxnard City Council · April 9, 2026

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Opening greeting

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David Mechas greets the mayor, city council and members of the public and signals he will present the TEFRA hearing item.

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David Mechas of the housing department presented a TEFRA hearing item for the Lockwood 3 Apartments project, describing a developer request for tax‑exempt bond financing for a 234‑unit affordable rental project at 2151 Lockwood Street and recommending the council conduct the TEFRA hearing and consider a resolution authorizing bonds (not to exceed $70 million).

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Transcript

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