CMFA issues $92,865,000 in Tax-Exempt Bonds for the Anaheim Public Utilities Project in Anaheim, California

The Bonds are being issued for the purpose of refunding all the outstanding Anaheim Public Financing Authority Distribution System Revenue Bonds, Series 1999 (City of Anaheim Electric System Distribution Facilities), the outstanding Anaheim Public Financing Authority Revenue Bonds, Series 2007-A (City of Anaheim Electric System Distribution Facilities), financing the acquisition of certain improvements to the Electric System of the City of Anaheim, and to fund a Debt Service Reserve Fund for the Bonds.

The City of Anaheim will use approximately $35,000,000 of the net proceeds of the Bonds to finance costs of various components of the City’s Distribution System capital improvement program over the Fiscal Years ended June 30, 2016 and 2017.

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