Community Facilities District No. 2005-1 of the City of Chino special tax refunding bonds

Summary

The City Council of the City of Chino, acting as the legislative body of Community Facilities District No. 2005-1, authorizes the issuance of its 2025 Special Tax Refunding Bonds in a principal amount not to exceed $10,233,000 to refund the Prior Bonds. The resolution also approves certain documents and takes other actions in connection with the bond issuance. The bonds will be used to refinance certain public improvements and will result in a lower overall cost to the District.

Details

Subject

Community Facilities District No. 2005-1 of the City of Chino special tax refunding bonds

Summary

The City Council of the City of Chino, acting as the legislative body of Community Facilities District No. 2005-1, authorizes the issuance of its 2025 Special Tax Refunding Bonds in a principal amount not to exceed $10,233,000 to refund the Prior Bonds. The resolution also approves certain documents and takes other actions in connection with the bond issuance. The bonds will be used to refinance certain public improvements and will result in a lower overall cost to the District.

Vote Detail

Unanimous, with no opposing votes or abstentions recorded

Vote Result

passed

Adopting Body

City Council of the City of Chino, acting as the legislative body of Community Facilities District No. 2005-1

Adoption Date

2025-07-15

Resolution Number

2025-051