Inglewood

City Council

August 19, 2025 Public Hearings #1

Agenda Item 1

PUBLIC HEARINGS\nPH-1. HOUSING SERVICES & CDBG DEPARTMENT\nPublic hearing under the requirements of the Tax and Equity Fiscal Responsibility Act\n(“TEFRA”) and the Internal Revenue Code of 1986, as amended (the “Code”).\nRecommendation:\n1. Adopt a resolution approving the issuance of the Bonds by the California\nMunicipal Finance Authority (the “CMFA”) for the benefit of 304 E Spruce\nSt, LP (the “Borrower”), to provide for the financing of the Project.\nDocuments:\nPH-1.PDF