City Council

9) TAX EQUITY AND FISCAL RESPONSIBILITY ACT (TEFRA) HEARING TO CONSIDER THE ISSUANCE OF TAX-EXEMPT BONDS FOR EMANATE HEALTH QUEEN OF THE VALLEY HOSPITAL It is recommended that the City Council: 1. Conduct a Tax Equity and Fiscal Responsibility Act (TEFRA) hearing in consideration of the issuance of tax-exempt bond financing by the California Statewide Communities Development Authority for the benefit of Emanate Health. 2. Adopt the following Resolution: RESOLUTION NO. 2025-42 - A RESOLUTION APPROVING THE ISSUANCE OF BONDS BY THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY NOT TO EXCEED $90,000,000, FOR THE BENEFIT OF EMANATE HEALTH, TO FINANCE AND/OR REFINANCE CAPITAL PROJECTS WITH RESPECT TO CERTAIN HEALTHCARE FACILITIES LOCATED IN THE CITY OF WEST COVINA DEPARTMENTAL REGULAR MATTERS