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File #: 26-0192    Version: 1 Name: TEFRA Public Hearing - Apple Valley
Type: CC- Public Hearing Status: Agenda Ready
File created: 2/17/2026 In control: City Council
On agenda: 3/10/2026 Final action:
Title: PUBLIC HEARING - TEFRA PUBLIC HEARING AND ISSUANCE OF EXEMPT FACILITY BONDS BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $40 MILLION FOR APPLE VALLEY SCATTERED SITE APARTMENTS - 2820, 2822, 2824, 2826, 2828, 2830, 2832, 2834, 2836, 2838 PAPAGO COURT; 2459 & 2501 WEST STEELE LANE; 2808, 2809, 2812, 2813, 2816, 2820, 2824, 2828, 2833, 2841, 2852, 2860, 2862, 2866, 2870, 2874 APPLE VALLEY LANE, AND 1945 ZINFANDEL AVENUE BACKGROUND: Apple Valley Olive Grove, L.P., a California limited partnership (“Borrower”) a partnership of which Burbank Housing Development Corporation (the “Developer”) California Municipal Finance Authority (“CMFA”), a joint-powers authority of which the City is a member, to be the issuer of exempt facility bonds for Apple Valley Scattered Site Apartments, 232 rental units, located at;(i) 2820, 2822, 2824, 2826, 2828, 2830, 2832, 2834, 2836, 2838 Papago Court; 2459 & 2501 West Steele Lane; 2808, 2809, 2812, 2813, 2816, 28...
Sponsors: Housing and Community Services
Indexes: Exempt Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - Location Map, 3. Attachment 2 - TEFRA Request Letter, 4. Resolution, 5. Public Hearing Notice, 6. Presentation