City Council

30. Public Hearing - Tax Equity Fiscal Responsibility Act Hearing for Garden Court Apartments Legal Notice published in the OC Reporter on August 28, 2026. Department(s): Community Development Agency Recommended Action: 1. Conduct a Tax Equity and Financial Responsibility Act Hearing in consideration of the issuance of tax-exempt bond financing by the California Municipal Finance Authority for Garden Court Santa Ana LP, to finance or refinance the acquisition, rehabilitation, improvement, and equipping of the multifamily rental housing project located at 300 East Santa Ana Boulevard, Santa Ana, California. 2. Adopt a resolution approving the issuance of revenue bonds by the California p pp g y Municipal Finance Authority in an amount not to exceed $45,000,000 for financing the project. RESOLUTION NO. 2026-XXX entitled A RESOLUTION OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY OF EXEMPT FACILITY BONDS FOR GARDEN COURT APARTMENTS