HomeMy WebLinkAboutAGENDA REPORT 1999 0303 CC REG ITEM 11GMOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
ITEM �_ • `? •
CITY flit' MOORPARK, CALIFO:
City Council Meeting
of 3- 3 —��
ACTION:
Dr oVed
BY: - c --- --- ---- --
FROM: John E. Nowak, Assistant City Manager)
DATE: 22 February 1999 (Council Meeting of 03- 03 - -99)
SUBJECT: Consider a Deferral of the Tax Equity Fiscal
Responsibility Act Hearing
DISCUSSION: At its February 17 meeting the City Council
approved holding a Tax Equity Fiscal Responsibility Act
(TEFRA) hearing for the refinancing of bonds on the Le Club
Apartments. The property owner, Archstone Communities, has
requested this matter be deferred to the April 7, 1999
Council meeting.
RECOMMENDATION: Staff recommends the City Council defer
the Tax Equity Fiscal Responsibility Act hearing for
Archstone Communities to the regular Council meeting of
April 7, 1999.
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