City Council

C. PUBLIC HEARING TO CONSIDER A RESOLUTION AUTHORIZING\nEXECUTION AND DELIVERY OF JOINT COMMUNITY FACILITIES\nAGREEMENT IN CONNECTION WITH THE BOND OPPORTUNITIES\nFOR LAND DEVELOPMENT (BOLD) PROGRAM FOR DEVELOPMENT\nIMPACT FEES FOR TRACT NO. 38276; AND MAKING A FINDING OF\nSIGNIFICANT BENEFITS FOR THE FINANCING OF CERTAIN\nIMPROVEMENTS BY A COMMUNITY FACILITIES DISTRICT TO BE\nFORMED BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY\n1. Requested Action: That the City Council conduct a public hearing\nregarding the financing of public improvements to be owned by the City of\nJurupa Valley or the Jurupa Area Recreation and Park District in connection\nwith the Paradise Knolls development through the formation of a\ncommunity facilities district and the issuance of bonds by the California\nMunicipal Finance Authority; and\n2. That the City Council adopt Resolution No. 2024-20, entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nJURUPA VALLEY, CALIFORNIA, AUTHORIZING EXECUTION\nAND DELIVERY OF A JOINT COMMUNITY FACILITIES\nAGREEMENT IN CONNECTION WITH THE BOND\nOPPORTUNITIES FOR LAND DEVELOPMENT (BOLD)\nPROGRAM FOR TRACT NO. 38276; AND MAKING A FINDING\nOF SIGNIFICANT BENEFITS FOR THE FINANCING OF\nCERTAIN IMPROVEMENTS BY A COMMUNITY FACILITIES\nDISTRICT TO BE FORMED BY THE CALIFORNIA MUNICIPAL\nFINANCE AUTHORITY\n16. COUNCIL BUSINESS