Issuance of Conduit Obligations

Board of Supervisors

Meeting Date: 12/6/2016

Preview

The Board will conduct two hearings about the issuance of local bonds to adhere to the Tax Equity and Fiscal Responsibility Act. One is a request for issuance of up to $5 million of tax-exempt conduit obligations for the benefit of San Domenico School in San Anselmo, and one is a request for issuance of up to $29.6 million of tax-exempt conduit obligations for the benefit of Guide Dogs for the Blind of San Rafael. Both are for the financing or refinancing of capital improvements. Staff recommends that the Board conduct the hearings and consider adoption of resolutions approving the issuance of bonds.

Review

The Board conducted the hearings and adopted the resolutions approving the issuance of bonds.

Need more info? See the staff reports about the San Domenico School bonds and Guide Dogs for the Blind bonds.

Contact: Dan Eilerman, Assistant County Administrator

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