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Title:
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Resolution approving in accordance with Section 147(f) of the Internal Revenue Code of 1986, as amended, and in accordance with the Joint Exercise of Powers Agreement, dated as of January 1, 2004, among the California Municipal Finance Authority (“Authority”) and certain local agencies, including the City and County of San Francisco (“City”), as amended from time to time, the issuance of revenue bonds or a tax-exempt loan by the Authority in an aggregate principal amount not to exceed $40,000,000 (“Loans”) and the loan of the proceeds thereof to Presidio Knolls School, Inc., a California nonprofit public benefit corporation (“Borrower”) to refinance certain loans issued for the benefit of the Borrower, finance or refinance the acquisition, construction, equipping and furnishing of facilities located and to be located at 1415 Howard Street and 220, 230, 240, 250, and 260-10th Street, within the City, and pay certain expenses incurred in connection with the issuance of the Loans.
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