City Council

20. This is a public hearing under the requirements of the Tax Equity and Fiscal Responsibility Act\nand the Internal Revenue Code of 1986, as amended, to consider a resolution approving the\nissuance of the California Enterprise Development Authority Revenue Bonds, in an aggregate\nprincipal amount not to exceed $37,000,000, for the purpose of financing and refinancing the\ncost of the acquisition, construction, renovation, equipping and furnishing of healthcare facilities\nand other related and appurtenant facilities for the benefit of Benevolence Industries\nIncorporated, dba Benevolence Health Centers, a California nonprofit public benefit\ncorporation, located at: 1010 Crenshaw Boulevard, Suite 100, Torrance, California 90501; 303\nNorth East Street, Anaheim, California 92805 (Anaheim Facility); 1126 East South Street, Long\nBeach, California 90805; 505-515 North Arrowhead Avenue, San Bernardino, California 92401;\n3631 Crenshaw Boulevard, Suite 109, Los Angeles, California 90016; and 12610 Glenoaks\nBoulevard (also known as 14040 Hubbard Street), Sylmar, California 91342, and providing the\nterms and conditions for such Bonds and other matters relating thereto.\nRESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY\nOF ANAHEIM approving the issuance of revenue bonds pursuant to a plan of finance by the\nCalifornia Enterprise Development Authority in an aggregate principal amount not to exceed\n$37,000,000 for the purpose of financing and refinancing the cost of the acquisition,\nconstruction, renovation, equipping and furnishing of certain healthcare facilities for the benefit\nof Benevolence Industries Incorporated and/or a related or successor entity, providing the\nterms and conditions for such bonds, and other matters relating thereto.