Sendero Apartments Bond Financing

At a glance

• What: a public hearing on tax-exempt bond financing for the 60-unit Sendero Apartments on Cessna Court.
• Where it stands: The 2026-09-15 agenda carried a TEFRA hearing for up to $15 million of California Municipal Finance Authority bonds.
• Next: None stated.

Details

• A TEFRA hearing is a required federal step for tax-exempt bonds; the City is not the borrower.
• Source is the agenda only; votes and outcomes are unknown.

Sources

• Agendas: https://pub-slocity.escribemeetings.com
• Minutes archive: https://opengov.slocity.org/WebLink/Browse.aspx?id=851&dbid=0&repo=CityClerk

Log

2026-09-15 - City Council

• TEFRA hearing on up to $15 million in bonds for a 60-unit apartment project on Cessna Court.