City Council

21. TAX EXEMPT BONDS ISSUANCE BY THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY FOR UCA AND UCE APARTMENTS (Continued from June 16, 2026 meeting) Consideration of a Tax Equity and Fiscal Responsibility Act (TEFRA) Resolution authorizing the California Statewide Communities Development Authority to issue tax-exempt bonds not to exceed $180,000,000 to finance or refinance UCE Apartment Homes and UCA Apartment Homes acquisition and rehabilitation. Proposed Motion: 1. Adopt Resolution No. 2026-XXX. RESOLUTION NO. 2026-XXX - RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, APPROVING CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY QUALIFIED 501(C)(3) BOND ISSUANCE IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $180,000,000 FOR FINANCING OR REFINANCING UCE APARTMENT HOMES AND UCA APARTMENT HOMES ACQUISITION, REHABILITATION, IMPROVEMENT AND EQUIPPING AND CERTAIN OTHER MATTERS RELATING THERETO 2. Authorize the City Manager, or designee, to execute and administer all documents and actions necessary to implement the Resolution.