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Attachment B - Public Notice.pdf

Santa Maria City Council
July 1, 2025

Document
Attachment B - Public Notice.pdf
Meeting
July 1, 2025
Body
Santa Maria City Council
Original file
953 KB
Text extracted from the city's file for reading and search. Open the original on pub-santamaria.escribemeetings.com. That file is the official record.

Proof of Publication
(201,5.5 C.C.P)
State of California
Santa Maria Times
Donna Schwartz
110 E. Cook Street
Santa Maria, CA, 93454
USA
(805) 361-9701
I am the Authorized Agent of the printer of the Santa Maria Times, newspaper of general circulation, printed and published in the city of Santa Maria, County of Santa Barbara, and which newspaper has been adjudged a newspaper of general circulation by the superior court of the County of Santa Barbara, State of California adjudication #463687.

That the notice of which the annexed is a printed copy (set in type not smaller than nonpareil), has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to wit:
0612012025
I certify (or declare) under penalty of perjury that the foregoing is true and correct.

PUBLISHED ON: 0612012025
TOTAL AD COST:

FILED ON:
255.80
061201202s.

Dated at Santa Maria, CA
ms 2o\^ro1 -[^ne .2oZS
(
Santa Maria Times
PROOF OF PUBLICATION clwcouNcll

CITY OF SATITA MARIA

NOTICE OF PUBUC HEARING
NOTICE lS HEREBY GIVEN thal
the City Council ot the City ol Santa
Maria wll crnduct a public hearing
on Tuesday. July 1. 2025, at 5:3O

0.m., or ttereattor in th6 Council
Chambers, 110 Easl Cook Strool
Santa Maria, Calilornia, to consid€r
the lollowing:

A public hearing. as required by
section 147(ll ol he lnternal Reve-
nue Code ol 1 986, as arnended (the
r0ode') will be held with respect to
the proposed issuance bV the Cal-
ifornia Municipal Finance Aulhor
ity (the Authority') of its revenue
bonds in an amount not b exc€€d
$47.0OO,mO (the 'Bonds'J. The
Bonds will be issued as 'qualilied
501(cX3) bonds'under Section 145
of the Code. The proceeds of the
Bonds will b€ loaned by the Aulhor
ity to Community Health Centers ol
the C€ntral Coast. lnc.. a Calilornia
nonprolil public benefil corporatron
(the'Coporation") of which:
(a) Approximately 36,OOO.OOO will
be used to relinance a ban (the
'Loan') made by Mechanics Bank
to lhe Corporation in 2021, the pro-
ceeds ol which were used to tinanc€
the acquisition ol a 55.0oO square
foot building b€ing localed at 21m
S. Blosssr Road. Santa Maria. Cal-
ilornia. a oortion of which buildim
will be oderated as a new PACE
program lacility providing health
and mental health servacas to senior
er
(ci
b€
(tho'?100 S. Bloss€r Build-
will
2100 s.
?10O S. Bloss-
$16.mo,o@ will
and renovate an
lool
Main
Streel.
'1550
The gonds and ths obliaation to
pay principal ol and interesi th€reon
and any redemption premium wifi
regpect lhereto do not conslitute
indebtedness or an obliqalion ol the
City of Santa Maria. the Authoritv.
the State ol Calitornia or any politicii
subdivision th€reof. within the meaft
ing of any constitutional or statulory
debt limitation. or a charge againsl
the qeneral crodit or taxino povi€Is
of any ot lhem. The Bondt6hall b€
a limiled obligation ol the Authority,
payable solely trom cerlain r€ /enues
duly pledged lherebr and generally
representing amounts paid by th€
uo rp o ratton .

The lull Council Agenda Report lor
thls item will b€ available on the
City's website www.cityolsantam-
PH-TEFRA-Page 1ol2
the
or re-
or non€, of eactr
at the Erilus
be and

ATACHMENT B
on June 27. 2G25, after
PH-TEFRA - Page 2 of 2

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