ID 26-419 Tax Equity and Financial Responsibility Act (TEFRA) public hearing. 1. TEFRA HEARING - To hear and consider financing and refinancing the acquisition, development, construction and equipping of a 120-unit (including one manager's unit) multifamily rental housing project. The new bond will be issued by the California Municipal Finance Authority (Authority). As a jurisdiction in which the facilities are located, the Council must consider authorizing the Authority to issue the obligations for such purposes. 2. ***RESOLUTION - Approving a plan of finance including the issuance of exempt facility bonds by the California Municipal Finance Authority in an aggregate outstanding principal amount not to exceed $16,000,000 to finance and refinance a qualified residential rental project for the benefit of FCTC Family II, LP (or an affiliate), and certain other matters relating thereto (Subject to Mayor's Veto)