TEFRA (Tax Equity & Fiscal Responsibility Act) Hearing
This will be a virtual hearing, for public health safety, during the COVID pandemic.
Date: Friday, October 15, 2021
Time: 2:30 PM
Webinar link and access to join public hearing: link
Toll-free, phone access number to TEFRA Hearing: 1-877-853-5247
(When prompted, please enter the meeting number 93150721798# to join the TEFRA Hearing)
The Oakland Board of Port Commissioners approved a Resolution at the September 30, 2021, Board meeting: Authorization of Certain Actions Pursuant to the Tax Equity & Fiscal Responsibility Act of 1982, in Connection with the Financing and Refinancing of Various Port Capital Improvements. (Finance and Administration)
Federal law requires issuers of certain types of tax-exempt debt to hold a public hearing on proposed debt obligations and on the improvements to be financed. Following the public hearing, the debt issuance must be approved by the highest elected representative in the issuing jurisdiction.
Click HERE to see the Resolution that was passed by the Oakland Board of Port Commissioners September 30, 2021.
Click HERE to see pages from the FY 2022 budget document that list Port capital projects.
Click HERE to see the Port of Oakland's Notice of Public Hearing.