issuance of Local Agency Refunding Bonds

Summary

The Chino Public Financing Authority authorizes the issuance of its Local Agency Refunding Bonds in an aggregate principal amount not to exceed $29,543,000 to defease and refund prior bonds. The bonds will be secured by debt service payments paid with respect to special tax refunding bonds of Community Facilities Districts. The Authority approves various documents, including the Indenture, Bond Purchase Agreement, and Continuing Disclosure Agreement, and authorizes certain officers to execute these documents.

Details

Subject

issuance of Local Agency Refunding Bonds

Summary

The Chino Public Financing Authority authorizes the issuance of its Local Agency Refunding Bonds in an aggregate principal amount not to exceed $29,543,000 to defease and refund prior bonds. The bonds will be secured by debt service payments paid with respect to special tax refunding bonds of Community Facilities Districts. The Authority approves various documents, including the Indenture, Bond Purchase Agreement, and Continuing Disclosure Agreement, and authorizes certain officers to execute these documents.

Vote Result

passed

Adopting Body

Chino Public Financing Authority

Adoption Date

2025-07-15

Resolution Number

FA2025-001