The CMFA Assists Pomona College on a 17,225,000 Tax-Exempt Bond Financing in Claremont, CA
Pomona College is the founding member of The Claremont Colleges, a unique consortium of seven independent institutions on adjoining campuses. Pomona College offers approximately 1,600 students, the personal experience of a small, academically superb liberal arts college and the breadth of resources normally associated with major universities.
The proceeds of the Bonds will be loaned to Pomona College to: (1) refinance outstanding bonds that were issued to (a) finance and/or refinance the acquisition, construction, expansion, rehabilitation, remodeling, renovation and equipping of all or a portion of certain educational facilities of the College in each case with related and appurtenant facilities located on the College’s main campus in Claremont, California; (b) refinance bonds which originally financed (i) Bridges Hall of Music, located at 150 East 4th Street; (ii) Mudd-Blaisdell Hall, located at 230 East Bonita Avenue; (iii) Brackett Observatory, located at 400 North Amherst Drive; and (iv) Clark I Residence Hall, located at 328 East 8th Street, all located on the Campus.