City Council

7. TAX EQUITY AND FISCAL RESPONSIBILITY ACT (TEFRA) HEARING REGARDING BONDS FOR NEIGHBORHOOD HEALTHCARE’S PURCHASE OF PROPERTY AT 488 EAST VALLEY PARKWAY Request the City Council conduct a public hearing and adopt Resolution 2025-146 approving issue of revenue obligations in an amount not to exceed $32,000,000 by the California Enterprise Development Authority (“CEDA”) to Neighborhood Healthcare, and/or a related or successor entity (the “Borrower”), at 488 East Valley Parkway in Escondido (“Project”). Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services) Presenter: Christopher McKinney, Deputy City Manager/Interim Director of Development Services a) Resolution No. 2025-146