The CMFA Completed the issuance of $34,445,000 in Bonds for the City of San Bernardino Municipal Sewer
The proceeds of the Bonds will be used to finance the acquisition and construction of certain sewer system capital improvements of the City of San Bernardino, California; refund outstanding obligations of the City relating to the City of San Bernardino Municipal Sewer Department; fund a deposit to a common reserve account for the 2016 Bonds; and pay the costs of issuance of the 2016 Bonds.