NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that on October 18, 2022, a public hearing as required by Section 147(f) of the Internal Revenue Code of 1986 will be held by the City Council of the City of Richmond, California (the “City”), with respect to the proposed issuance by the California Municipal Finance Authority (the “Authority”) of its revenue bonds in one or more series in an amount not to exceed $ 50,000,000 (the “Bonds”), including but not limited to revenue bonds issued as part of a plan to: (1) finance and refinance the acquisition and rehabilitation of a 140-unit multifamily rental housing facility for very low -income seniors and persons with disabilities located at 2400 Nevin Avenue in the City; and (2) pay certain expenses incurred in connection with the issuance of the Bonds. The facilities are to be owned and operated by Nevin Plaza I, L.P., a California limited partnership, or another entity to be created by EAH Inc. or an affiliate thereof (the “Borrower”).
The Bonds and the obligation to pay principal thereof and interest thereon and any redemption premium with respect thereto do not constitute indebtedness or an obligation of the City, the Authority, the State of California, or any political subdivision thereof, within the meaning of any constitutional or statutory debt limitation, or a charge against the general credit or taxing powers of any of them. The Bonds shall be a limited obligation of the Authority, payable solely from certain revenues duly pledged therefor and generally representing amounts paid by the Borrower.
All persons having objections to or wishing to speak in support of this matter may be heard before the City Council at 6:30 p.m., or as soon thereafter, on Tuesday, October 18, 2022. Due to COVID-19, this public hearing will be held via teleconferencing.
Public comment may be submitted by telephone, mail, email, eComments and/or Zoom video conference in the manner that follows, provided that no member of the public may submit more than one verbal comment per agenda item.
1. Via telephone by calling 888-808-6929 (Toll Free) and entering passcode 9193841.
2. Via mail received by 1:00 p.m. the day of the public hearing - sent to Office of the Clerk, 450 Civic Center Plaza, 3rd Floor, Richmond, CA 94804.
3. Via email to [email protected] by 1:00 p.m. the day of the public hearing.
Emails MUST contain in the subject line 1) public comments – agenda item #__ [include the agenda item number]. All such email will be posted on-line and emailed to the City Council before the meeting is called to order.
4. Via eComments: eComments are available once an agenda is published. Locate the meeting in "upcoming meetings" and click the comment bubble icon on the item you wish to comment on.
5. Via Zoom by video conference or by phone using the following link/call-in numbers: To participate by computer:
https://zoom.us/j/99312205643?pwd=MDdqNnRmS2k4ZkRTOWhlUldQOUF1Zz09 Passcode: ccmeeting
Or iPhone one-tap:
US: +16699006833,,99312205643# or +13462487799,,99312205643# Or Telephone: Dial (for higher quality, dial a number based on your current location):
US: +1 669 900 6833 or +1 346 248 7799 or +1 253 215 8782 or +1 312 626 6799 or +1 929 205 6099 or +1 301 715 8592. Webinar ID: 993 1220 5643
International numbers available: https://zoom.us/u/aEKJd7QGp
The City Council agenda will provide details regarding how to use the “raise your hand” feature in zoom to provide public comment. To ensure that the City Council receives your comments, you are strongly encouraged to submit your comments in writing in advance of the meeting. .
Dated and Published: October 8, 2022