City Council

11.1 Tax­Exempt Revenue Bonds by the Public Finance Authority for Mountain View\nCommunity Church of Murrieta/Temecula dba The View Church\nRECOMMENDED ACTION\n1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) hearing in\nconsideration of the issuance of tax­exempt bond financing by the Public\nFinance Authority (PFA) on behalf of Mountain View Community Church of\nMurrieta/Temecula dba The View Church to finance the acquisition and\nimprovement, refinancing, and reserves of The View Church located at 26701\nMcCall Blvd. and certain other matters relating thereto; and\n2. Adopt a resolution approving the issuance of revenue bonds by the PFA in an\namount not­to­exceed $8,000,000 for the purpose of financing the Project.